Between 1995 and 2009,the Amount of Credit Default Swaps (CDSs)exploded,along

question 15

Multiple Choice

Between 1995 and 2009,the amount of credit default swaps (CDSs) exploded,along with the marketing of securitized mortgages.By their peak in 2008,there were about ________ of CDSs outstanding.

• A) $62 million
• B) $62 billion
• C) $6.2 trillion
• D) $62 trillion

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Definitions:

Incremental Cash Flows

The additional cash flows from operations that a business generates from taking on a new project.

Marketing Study

An analysis or research conducted to gain insights into and understand potential market trends, consumer behaviors, or the effectiveness of marketing strategies.

Shipping Costs

Expenses associated with the transportation of goods from one location to another.

Tax Purposes

A phrase referring to the reasons or motivations behind actions taken by individuals or businesses to comply with tax laws, often to reduce tax liability.