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Which of the following most accurately describes the behavior of credit default swaps? a. When credit risk increases, swap premiums increase. b. When credit and

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Which of the following most accurately describes the behavior of credit default swaps? a. When credit risk increases, swap premiums increase. b. When credit and interest rate risk increases, swap premiums increase. c. When credit risk increases, swap premiums in but when interest rate risk increases, swap premiums decrease

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