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

question 22

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 the above are provisions of an interest rate swap.

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