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Repo Is Said to Have "Double Indemnity" Due to the Creditworthiness

Question 157

Multiple Choice

Repo is said to have "double indemnity" due to the creditworthiness of the counterparty and:


A) A written legal agreement between the parties
B) The oversight of the transaction by the custodian of the collateral
C) The creditworthiness of the collateral
D) The right of close-out and set-off in an event of default

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