Considering Interest-Rate Swaps, the Swap Rate Is

question 54

Multiple Choice

Considering interest-rate swaps, the swap rate is:

• A) the benchmark rate plus a premium.
• B) the rate being offered on U.S. Treasury securities of similar maturities.
• C) another name for the swap spread.
• D) a measure of overall risk in the economy.

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Definitions:

Competence

Refers to having the necessary ability, knowledge, or skill to do something successfully or efficiently.

Indirect Institutional Discrimination

Practices or policies in institutions that may not explicitly discriminate, but result in unequal treatment of certain groups.

Hijab

A head covering worn in public by some Muslim women as a symbol of modesty and privacy.

Quebec Civil Service

pertains to the body of public sector employees working for the provincial government of Quebec, Canada, involved in the administration of public policy and services.