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:

Career Stage

The phase within a person's professional life that indicates their level of experience, responsibility, and ideally progression towards their career goals.

Increasing Competence

Refers to the process of acquiring skills and knowledge to improve performance and effectiveness in a specific domain or task.

Establishment

A recognized or certified institution or place where a particular activity is performed or conducted.

Advancement

The process of moving forward or making progress, particularly in one's career or in the hierarchy of an organization.