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A CDS with a Number of Reference Entities Provides for Each

Question 16

Multiple Choice

A CDS with a number of reference entities provides for each reference entity a payoff if it defaults.What is a name for this CDS?


A) Binary CDS
B) Add-up Basket CDS
C) First-to-Default CDS
D) n-to-Default CDS

Correct Answer:

verifed

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