Which of the Following Is NOT a Feature of Swaps

question 55

Multiple Choice

Which of the following is NOT a feature of swaps?

• A) There is a contractual arrangement to exchange cash flows
• B) Interest rate swaps exchange principal at the beginning and the end
• C) A fixed rate obligation may be exchanged for a variable rate obligation
• D) A swap can involve interest payments and currencies

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Definitions:

Privacy

The right of individuals to keep their personal affairs and information confidential and free from unnecessary intrusion.

Griswold v. Connecticut

A landmark 1965 Supreme Court case that ruled state bans on contraceptive use by married couples were unconstitutional, citing privacy rights inferred from the Constitution.

Roe v. Wade

A landmark decision by the U.S. Supreme Court in 1973 that recognized a woman's legal right to an abortion under the U.S. Constitution.

Roe v. Wade

A landmark 1973 U.S. Supreme Court decision that recognized women's constitutional right to choose abortion.