Question: Question 39 Credit Default Swaps (CDS). CDS are in effect, an insurance product that pays off in the event of a trigger event (some sort
Question 39
Credit Default Swaps (CDS). CDS are in effect, an insurance product that pays off in the event of
a trigger event (some sort of technical or real default). The protection seller receives a premium
from the protection buyer.
True
False
Question 40
European Australasia, Far East (EAFE) Index. EAFE is one of the most used indexes of non-US
stocks.
True
False
Question 41
Tobins Q. Tobins Q is the ratio of market price to book value.
True
False
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