- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 30. Credit Default Swaps
- Subject 1. Basic Definitions and Concepts
CFA Practice Question
In an index CDS, the more correlated the defaults, the ______ expensive to purchase the credit risk protection.
B. more.
A. less.
B. more.
Correct Answer: B
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