Selling a CDS (selling a CDS) is like: A. Protecting against default of the underlying debt B. Hedging underlying long positions C. Creating exposure to
Selling a CDS (selling a CDS) is like:
| A. | Protecting against default of the underlying debt | |
| B. | Hedging underlying long positions
| |
| C. | Creating exposure to default of the underlying debt
| |
| D. | None of the above
|
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Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
