A explain how a single-name cds can be used by a portfolio


a. Explain how a single-name CDS can be used by a portfolio manager who wants to short a reference entity.

b. Explain how a single-name CDS can be used by a portfolio manager who is having difficulty acquiring the bonds of a particular corporation in the cash market.

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Business Management: A explain how a single-name cds can be used by a portfolio
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