9. a. For a single-name CDS, what is the difference between physical settlement and cash settlement? b.
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9.
a. For a single-name CDS, what is the difference between physical settlement and cash settlement?
b. In a physical settlement, why is there a cheapest-to-deliver issue?
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Related Book For
Foundations Of Global Financial Markets And Institutions
ISBN: 9780262039543
5th Edition
Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann
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