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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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