4. In a CDS the accrual payment is a payment made by CDS and occurs when the to CDS defaults a. buyer; seller; buyer b. seller; buyer; reference entity c. buyer; seller; reference entity d. seller; buyer; buyer

4. In a CDS the accrual payment is a payment made by CDS and occurs when the to CDS defaults a. buyer; seller; buyer b. seller; buyer; reference entity c. buyer; seller; reference entity d. seller; buyer; buyer

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 14MCQ

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4. In a CDS the accrual payment is a payment made by CDS
and occurs when the
to CDS
defaults
a. buyer; seller; buyer
b. seller; buyer; reference entity
c. buyer; seller; reference entity
d. seller; buyer; buyer
e. buyer; seller; seller

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