What would happen to the price of this first-to-default security if there were no correlation of default

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What would happen to the price of this first-to-default security if there were no correlation of default between issuers?

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Derivatives Principles And Practice

ISBN: 9780078034732

2nd Edition

Authors: Rangarajan Sundaram

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Question Posted: Jan 18, 2024 05:00 AM

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What would happen to the price of this first-to-default security if there were no correlation of default

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The price of the security will increase because the abse...View the full answer

Derivatives Principles And Practice

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