4. Connie has hedged the credit risk of a Merck & Company? bond in the...
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4. Connie has hedged the credit risk of a Merck & Company? bond in the investment portfolio. The bond has a maturity date of 4/30/2024. The CDS spread of the hedge is 35bps. Using Bloomberg CDSW, value the CSD on 4/30/21.
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