Solved

A Credit Default Swap Means

Question 73

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