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Discuss the difference between Credit Default Swap and Total Return Swap in terms of hedging market risk. Properly define all relevant concepts. When an institution

Discuss the difference between Credit Default Swap and Total Return Swap in terms of hedging market risk. Properly define all relevant concepts. When an institution sells exposure to another institution (i.e., purchases protection) in a CDS, it exchanges the risk of default on the underlying asset for which type of risk

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