A Swap Is

question 37

Multiple Choice

A swap is

• A) another name for a put option.
• B) another name for a call option.
• C) an agreement between two or more counterparties to exchange sets of cash flows over some future period.
• D) the name for the replacement of a futures contract by an options contract.

---

Definitions:

Supplier

An individual or company that provides goods or services to another entity under terms specified in a contract or agreement.

Referent Power

A type of influence capability based on the charisma and appeal of the leader which inspires others.

Walmart

A global retail giant based in the US that runs a series of massive supercenters, budget-friendly department outlets, and supermarkets.

Bathroom Cleaners

Products specifically formulated to clean, disinfect, and deodorize bathrooms, tackling various surfaces such as toilets, tiles, and sinks.