Question
Capital Decimation Partners LLP just sold a CDS protecting $20,000,000 worth of bonds at a 500bps spread. What are the quarterly premium payments? A. $125,000
Capital Decimation Partners LLP just sold a CDS protecting $20,000,000 worth of bonds at a 500bps spread. What are the quarterly premium payments?
A. $125,000
B. $250,000
C. $500,000
D. $750,000
E. $1,000,000
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
