Which of the Following Describes the Five-Year Swap Rate

question 3

Multiple Choice

Which of the following describes the five-year swap rate?

• A) The rate on a five-year loan to a AA-rated company
• B) The rate on a five-year loan to an A-rated company
• C) The rate that can be earned over five years from a series of short-term loans to AA-rated companies
• D) The rate that can be earned over five years from a series of short-term loans to A-rated companies

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Definitions:

Object-oriented

A software development approach centered around the idea of "objects", which hold data as attributes and functionality as methods.

Portability

The capability to move a completed solution easily from one type of computer to another.

Program Development Life Cycle (PDLC)

The process of performing a programming project, which consists of five stages: describing the problem, making a plan, coding, debugging, and testing and documentation.

Machine Language

The sequence of bits that the CPU understands.