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papahomer papahomer
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7 years ago
The seller of credit default swaps
A) agrees to exchange payments with another security if interest rates change.
B) receives payments if the underlying security defaults.
C) is obliged to make payments if the underlying security defaults.
D) can only sell them to owners of the underlying security.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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LutionalLutional
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