Which of the Following Is NOT a Typical Provision of an Interest

question 58

Multiple Choice

Which of the following is NOT a typical provision of an interest rate swap?

• A)the notional principal value to which the interest rates are applied to determine the interest payments involved
• B)the fixed interest rate
• C)the formula and type of index used to determine the floating interest rate
• D)the underwriter of the bond
• E)All of these are provisions of an interest rate swap.

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