Examples of "Single-Currency Interest Rate Swap" and "Cross-Currency Interest Rate

question 47

Multiple Choice

Examples of "single-currency interest rate swap" and "cross-currency interest rate swap" are:

• A)fixed-for-floating rate interest rate swap, where one counterparty exchanges the interest payments of a floating-rate debt obligations for fixed-rate interest payments of the other counter party.
• B)fixed-for-fixed rate debt service (currency swap), where one counterparty exchanges the debt service obligations of a bond denominated in one currency for the debt service obligations of the other counter party denominated in another currency.
• C)both a and b
• D)none of the above

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Definitions:

Broker

An individual or firm that acts as an intermediary between buyers and sellers to facilitate transactions, typically in exchange for a commission or fee.

Easements

Legal rights granted to use the property of another for a specific purpose, such as right of way or utility lines.

Licenses

Permissions granted by an authority to engage in a particular activity or to use certain property.

Tenants In Common

A form of co-ownership where each party owns a separate and undivided interest in the property, and upon death, their interest passes to their heirs or estate.