Question: Financial derivatives A credit - linked note is A . a type of credit derivative that is a combination of a bond and a credit

Financial derivatives
A credit-linked note is
A. a type of credit derivative that is a combination of a bond and a credit option
B. A type of insurance in which one party can hedge credit risk and receive a contingent payment if a "credit event" occurs
C. a financial contract that obligates one party to exchange a set of payments it owns for a set of payments owned by another party
D. None of these choices are correct
Financial derivatives A credit-linked note is A. a type of credit

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