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Why is the expected loss from a default on a swap

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Reference no: EM13506531

Why is the expected loss from a default on a swap less than the expected loss from the default on a loan with the same principal?

Reference no: EM13506531

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Why is the expected loss from a default on a swap : Why is the expected loss from a default on a swap less than the expected loss from the default on a loan with the same principal?
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