Is there any difference between a digital default option (see Chapter 24) and a pure credit swap?

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Is there any difference between a digital default option (see Chapter 24) and a pure credit swap?

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Financial Institutions Management A Risk Management Approach

ISBN: 9781266138225

11th International Edition

Authors: Anthony Saunders, Marcia Millon Cornett, Otgo Erhemjamts

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