Assignment:
Q1. How can a single-name credit default swap be used by a portfolio manager who wants to short a reference entity?
Q2. How can a single-name credit default swap be used by a portfolio manager who is having difficulty acquiring the bonds of a particular corporation in the cash market?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.