What is the primary purpose of a credit derivative?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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Question Posted: Mar 02, 2024 05:01 AM

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What is the primary purpose of a credit derivative?

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Answer The primary purpose of a credit derivative is to manage or transfer credit risk between counterparties in the financial markets Credit derivatives are financial instruments whose value is deriv...View the full answer

Foundations Of Financial Markets And Institutions

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