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#11. (2 points) Which of the following is NOT a risk that protection buyers should bear directly after contracting CDS? (a) The default probability of

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\#11. (2 points) Which of the following is NOT a risk that protection buyers should bear directly after contracting CDS? (a) The default probability of the reference entity (b) Creditworthiness of the protection seller (c) Price mismatch between a hedged asset and CDS (d) None of the above

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