Question: In a typical Credit Linked Note structure,a special-purpose vehicle (SPV)issues notes tied to the credit performance of a reference obligation.Buyers of these notes are protection
In a typical Credit Linked Note structure,a special-purpose vehicle (SPV)issues notes tied to the credit performance of a reference obligation.Buyers of these notes are protection on the reference obligation and are the risk of the SPV mismanaging the collateral
A)Buying,Taking on
B)Buying;Not taking on
C)Selling;Taking on
D)Selling;Not taking on
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