Suppose Ford Motor Company issues a 5% bond with a stipulation that if a national index of SUV sales drops by 10%, then Ford can decrease the coupon rate to 3%. This security is called a

A) credit option.
B) credit swap.
C) credit-linked note.
D) credit default swap.

C

Economics

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Refer to the above figure. A budget deficit occurs when real national income is

A) Y3. B) Y1. C) Y2. D) None of the above: cannot be determined given the information.

Economics

The airline industry routinely engages in price discrimination across time

Indicate whether the statement is true or false

Economics