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:

Categorical Variables

Variables that represent types or categories that can be named or labeled without implying any numerical order.

Cases

Instances or occurrences of a particular condition or category being studied in research or documented in various fields such as law or medicine.

Arithmetic Operations

Basic mathematical computations including addition, subtraction, multiplication, and division.

Categorical

Pertaining to data that can be divided into specific groups or categories that are qualitatively distinct.