What is the primary purpose of a credit derivative?
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What is the primary purpose of a credit derivative?
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Answer The primary purpose of a credit derivative is to manage or transfer credit risk between counterparties in the financial markets Credit derivatives are financial instruments whose value is deriv...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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