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Assume that a CDS index has a quoted spread of 225bp. The standardized coupon is 2% and the risky PV is 2.65. What is the

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Assume that a CDS index has a quoted spread of 225bp. The standardized coupon is 2% and the risky PV is 2.65. What is the quoted price of this index? Select one: A. 102.40 B. 94.04 C. 99.34 D. 100.66

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