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12. What is the size of corporate bond cash market in 2008 ? 13. What is the size of CDS market in 2008? 14. Are

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12. What is the size of corporate bond cash market in 2008 ? 13. What is the size of CDS market in 2008? 14. Are you required to own the bond to buy a CDS? What is the connection between the answers from question 12 and 13 ? 15. When is the deregulation in the CDS market? What is the deregulation (policy changes before 2008)

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