Main Question Set 16 Which of the following statements about credit default swaps is NOT true? Review Later Credit default swaps are exchange-tradable instruments in a credit default swap, the protection seller pays premiums to the protection buyer to insure the obligated payments from the reference entity Credit default swap premums are paid on four standard maturity dates, which are March 20. june 20, September 20, and December 20 if the reference entity cleaults, protection buyer will receive cash or physical settlement from the protection Seller of a credit default swap Page 16 of 20 Prev Page Next Page