When using credit default swap (CDS) to manage your credit risk, the reference entity is...
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Finance
When using credit default swap (CDS) to manage your credit risk, the reference entity is the _________, and the firm selling you the CDS is called the _____________
a. Protection Seller, Protection buyer
b. Credit risk you are hedging, Protection seller
c. Protection buyer, protection seller.
d. Credit risk you are hedging, protection buyer
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