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Basic Question 1 of 2
Which of the following parties provide the credit protection in the credit default swap?
B. CDS seller
C. Exchange
A. CDS buyer
B. CDS seller
C. Exchange
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 2.