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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 used your notes and passed ... highly recommended!

Lauren
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2026 Level I Curriculum, Volume 5, Module 2.