A large and nationally representative sample of households who have agreed to periodically participate in mail questionnaires, product tests, and telephone surveys are called mail panels

If the CDS spread for a regular 5-year CDS is 120 basis points, what is the CDS spread for a 5-year binary CDS on the same underlying reference entity? Assume a recovery rate of 40%

A. 48 basis points B. 72 basis points C. 200 basis points D. 300 basis points

Which of the following statements is true about knowledge?

A) It has no meaning in and of itself. B) It is a set of unformatted words and numbers. C) It is the ability to understand information. D) It helps to convert information into raw data. E) It has little value in comparison with raw data.