As Compared to a Default on the Notional Principle,a Default

question 106

Multiple Choice

As compared to a default on the notional principle,a default on a swap

• A) is more costly.
• B) is about as costly.
• C) is less costly.
• D) may cost more or less than default on the notional principle.

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Definitions:

Hardest Substance

Diamond, recognized as the hardest naturally occurring material on the Mohs scale of mineral hardness.

Accessory Organ

Accessory organs refer to organs that assist the functioning of the main organs in various systems, such as the pancreas and liver in the digestive system.

Alimentary Canal

A series of connected organs through which food passes, where it is digested, nutrients are absorbed, and waste is expelled.

Pancreatic Juice

A liquid secreted by the pancreas that contains digestive enzymes and bicarbonate to aid in digestion.