Credit Default Swaps (R56)

Hey Folks,

I don’t know if this question has been asked but I can’t seem to find it if it has. For Reading 56: Credit Default Swaps (CDS) there are no back-of-the-chapter questions (usually every chapter has them).

I suppose my question is: Was there a purpose of doing this? (ie: something that is not likely tested?) or am I missing something here?

Thanks in advance.

Plenty of definitions in this reading. Might show up as 1 or 2 questions in an item set.

I figured that as well, thanks for response.

There are sums as well .