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Does Credit Risk Impact Liquidity Risk? Evidence from Credit Default Swap Markets

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Figure

Figure 1: The Bid-Ask Spread for ABB, Nestlé, Roche and UBS
Figure 3: Changes in the Bid-Ask Spread for ABB, Nestlé, Roche and UBS
Figure 5: The Mid-Rate for ABB, Nestlé, Roche and UBS
Figure 7: Changes in the Mid-Rate for ABB, Nestlé, Roche and UBS
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