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kupik [55]
3 years ago
10

A bank purchased a credit default swap from another financial institution to protect itself against the default of one of its bo

rrowers. In this example, the bank is:.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
6 0

Answer: Hedging

Explanation: because the bank is hedging when it purchases a credit default swap that is offering protection against the default of one of its borrowers.

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why did aig get bailed out while lehman brothers did not? group of answer choices it had a stronger balance sheet lehman brother
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1 year ago
how might a recent college graduate's investment portfolio differ from someone who is nearing retirement?​
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A recent college graduate's investment portfolio will differ from someone who is nearing retirement due to the length of time someone who is at the end of their career has had to invest whereas someone who is a recent college graduate hasn't had the time/money to invest

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4 0
3 years ago
Financial goals are helpful because they?
kvasek [131]
I think the answer to this is A.
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5 0
3 years ago
Even if the end of an accounting period occurs between the signing of a note payable and its maturity date, the matching princip
Nimfa-mama [501]

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True

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