An Interest Rate Swap May Be Used by a Company

question 82

True/False

An interest rate swap may be used by a company only able to borrow variable rate funds to obtain favourable longer term funding from otherwise difficult to access long-term debt markets.

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Definitions:

Martin Seligman

A psychologist known for his work on positive psychology, learned helplessness, and theories of happiness and well-being.

Development

The process of growth or progress, typically involving physical, psychological, or intellectual advancement or evolution.

Profession

A type of occupation that requires specialized education, training, or skill, often characterized by a codified body of knowledge and ethical standards.

Science

The systematic study of the structure and behavior of the physical and natural world through observation and experiment.