Which of the Following Is a Characteristic of a Swap

question 114

Multiple Choice

Which of the following is a characteristic of a swap buyer?

• A)Prefers floating rate loans
• B)Generally has a higher credit rating
• C)Often has a positive duration gap
• D)Generally has a large holding of short-term assets
• E)All of the options are correct

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Definitions:

Sherman Act

A landmark U.S. legislation passed in 1890 aimed at promoting competition among businesses by prohibiting monopolies and restrictive trade practices.

Standard Oil Case

A landmark U.S. legal case from 1911 that resulted in the breakup of the Standard Oil Company due to its monopolistic practices.

DuPont Cellophane

A thin, transparent sheet made of regenerated cellulose, historically developed and branded by DuPont.

Interlocking Directorates

Interlocking directorates occur when members of a company's board of directors also serve on the boards of other companies, which may lead to conflicts of interest or reduced competition.