A.
a fancy term for a low risk bond.
B.
an insurance policy on the default risk of a federal government bond or loan.
C.
an insurance policy on the default risk of a corporate bond or loan.
D.
both a fancy term for a low risk bond and an insurance policy on the default risk of a federal government bond or loan.
E.
None of these is correct.
F.
credit default swap is an insurance policy on the default risk of a corporate bond or loan.