11.If you are using a credit default swap (CDS) to manage your credit risk associated with a specific firm, you must ______________ the CDS seller, and in return you will receive a one-off payment if the _____________.

a.Lodge a surety bond with, average credit rating in the nominated industry falls

b.Pay a variable payment at regular intervals to, reference entity defaults.

c.Pay a fixed regular payment to, reference entity defaults

d.Negotiate changes in your payments to, credit risk index falls by a specified value