Question: Question 3 (8 marks) A) Describe how credit default swaps are used for risk management. [4 marks] B) Describe how credit default swaps are used

 Question 3 (8 marks) A) Describe how credit default swaps are

Question 3 (8 marks) A) Describe how credit default swaps are used for risk management. [4 marks] B) Describe how credit default swaps are used for speculation. [4 marks]

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