A Basic Interest Rate Swap Generally Involves Trading A

question 89

Multiple Choice

A basic interest rate swap generally involves trading a:

• A) short-term rate for a long-term rate.
• B) foreign rate for a domestic rate.
• C) government rate for a corporate rate.
• D) fixed rate for a variable rate.
• E) taxable rate for a tax-exempt rate.

---

Definitions:

Customer Needs

The wants and requirements that customers expect to be fulfilled by a product or service.