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    delaurentis - chapter 2 - recovery

    Can someone elaborate on the following text below: I understand how recovery would be generated at couterparty's position but not sure I'm comfortable with the term globally? so are we looking at the average of a conglomeration of positions to get a pre-transaction value for recovery or 1-LDG...
  2. F

    Chapter 10 - hull

    It looks like chapter 10 BT questions from HULL chapter 11? Am i wrong?? Let me know anyone, thanks !!
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