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Repo is said to have “double indemnity” due to the creditworthiness of the counterparty and:

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Repo is said to have “double indemnity” due to the creditworthiness of the counterparty and:

A.

A written legal agreement between the parties

B.

The oversight of the transaction by the custodian of the collateral

C.

The creditworthiness of the collateral

D.

The right of close-out and set-off in an event of default

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