Question
In a credit default swap, the most a seller of the swap may have to pay is A.the monthly payment due to the swap buyer.
In a credit default swap, the most a seller of the swap may have to pay is
A.the monthly payment due to the swap buyer.
B.the difference payment based on the fixed and variable interest rates on the swap
C.the par value of the insured security
D.the marking to market value of the underlying
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Precalculus
Authors: Michael Sullivan
9th edition
321716835, 321716833, 978-0321716835
