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    Exam 24: Hedging with Financial Derivatives
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    The Disadvantage of Swaps Is That
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The Disadvantage of Swaps Is That

Question 60

Question 60

Multiple Choice

The disadvantage of swaps is that


A) they lack liquidity.
B) it is difficult to arrange for a counterparty.
C) they suffer from default risk.
D) they are all of the above.

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