I have only one question Your friend further asks you about the Credit Default Swaps (CDS) Market how the protection buyer can agree to pay premiums additionally to accept 30 percent payment of the...

I have only one question

Your friend further asks you about the Credit Default Swaps (CDS) Market how the protection
buyer can agree to pay premiums additionally to accept 30 percent payment of the bond contract’s
notional value from the protection seller if the recovery value (recoverable amount) in a credit event
is 30 %. ?

thanks in advance