Solved

A Credit Default Swap Means

Question 4

Multiple Choice

A credit default swap means:


A) initial payment of a periodic premium by the buyer of a credit default swap.
B) the buyer of a credit default swap obtains protection against credit risk exposures associated with specified debt issues.
C) if the specified debt issuer defaults then the credit default swap protection seller assumes the risk.
D) all of the given answers are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents