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Please explain in detail. Which of the following is NOT true of credit default swaps? Credit default swaps are securities entitling investors to a share
Please explain in detail.
Which of the following is NOT true of credit default swaps? Credit default swaps are securities entitling investors to a share of the income from a pool of debts, such as housing mortgages The buyers of credit default swaps receive compensation when default events occur Credit default swaps are largely unregulated insurance policies The seller of credit default swaps receive regular premiums from purchasers of those swapsStep by Step Solution
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