An Interest Rate Guarantee (IRG) Is

question 328

Multiple Choice

An interest rate guarantee (IRG) is:

• A) AnFRA
• B) An option on an FRA
• C) A collar
• D) AnIRS

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Definitions:

Compound Sentence

A sentence that has at least two independent clauses, usually connected by a conjunction or punctuation.

Independent Clauses

Sentences or clauses that can stand alone because they contain a subject and a predicate and express a complete thought.

Dependent Clause

A group of words that contains a subject and a verb but does not express a complete thought and cannot stand alone as a sentence.

Complex Sentence

A sentence type that contains one independent clause and at least one dependent clause, expressing complicated thoughts with more detail.