Use the Following Statements to Answer This Question

question 35

Multiple Choice

Use the following statements to answer this question:
I.Credit default swaps (CDS) are insurance on the default of issuers of the debt.
II.The CDS market is heavily regulated to limit excessive exposure to risk.

• A)I is correct, II is incorrect
• B)I and II are correct
• C)I and II are incorrect
• D)I is incorrect, and II is correct

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Definitions:

Amino Acid Sequences

The order of amino acids in a protein, which determines the protein's structure, function, and properties.

Ribosomes

Cellular structures that synthesize proteins by translating mRNA into polypeptide chains.

Polypeptide

A linear organic polymer consisting of a large number of amino acid residues bonded together, forming part of (or the whole of) protein molecules.

mRNA

Messenger RNA, a type of RNA that carries genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.