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What is a credit default swap? a. an insurance policy, in case the price of a bond increases b. an insurance policy, in case the
What is a credit default swap?
a. an insurance policy, in case the price of a bond increases
b. an insurance policy, in case the price of a stock increases
c. effectively it is insurance against the default risk of a bond or loan
d.it is a alternative term for a junk food
e. it is where stock holders swap out each other's credit
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