There are always at least ________ counterparties in a credit default swap.
A)0
B)1
C)2
D)3
E)more than three

Name: There are always at least ________ counterparties in a credit default swap. A)0 B)1 C)2 D)3 E)more than three
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A credit default swap involves two counterparties - the buyer and the seller of the swap. The buyer pays a premium to the seller in exchange for the seller agreeing to pay out a sum of money in the event of a credit event or default. Therefore, the correct choice is C) 2.

There Are Always at Least ________ Counterparties in a Credit