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(ii) Explain" rel="nofollow">in in" rel="nofollow">in general terms what Credit Derivatives are and then more specifically explain" rel="nofollow">in what Credit Default Swaps or CDS’s are. Havin" rel="nofollow">ing done this discuss with suitable evidence whether you agree with the school of thought that main" rel="nofollow">intain" rel="nofollow">ins that CDS’s were responsible for the fin" rel="nofollow">inancial crisis. (30marks)
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