A CDS with a Number of Reference Entities Provides a Payoff

question 11

Multiple Choice

A CDS with a number of reference entities provides a payoff when any of the reference entities defaults. What is a name for this CDS?

• A) Binary CDS
• B) Add-up Basket CDS
• C) First-to-Default CDS
• D) n-to-Default CDS

---

Definitions:

(R)-2-Bromobutane

An enantiomer of 2-bromobutane where the bromine atom is attached to the second carbon in a butane chain, with a specific three-dimensional arrangement denoted by (R).

Reagents

Substances or compounds added to a system to bring about a chemical reaction or are involved in chemical reactions.

Carboxylic Acid

Organic compounds characterized by having a carboxyl group (-COOH), involved in a wide range of reactions and found in many biological molecules.

Amide

Organic compounds characterized by a carbonyl group linked to a nitrogen atom, commonly found in proteins and synthetic polymers.