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A bond investor is always exposed to credit risk. Credit risks can be classified into three types. They are:
Default Risk
Credit Spread Risk
Downgrade Risk.
Question 1 Swap is an agreement among two or more parties to exchange sets of cash flows over a period in future and What do you understand by swap? Describe its features, kind
Define intermediation . The monetary system makes it possible for deficit and surplus economic units to come together exchanging funds for securities to their mutual benefit.
knowledge of financial market is power discuss
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