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Which Combination of the Following Statements Is True About a Swap

question 37

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Which combination of the following statements is true about a swap bank? (i) -it is a generic term to describe a financial institution that facilitates swaps between counterparties
(ii) - it can be an international commercial bank
(iii) - it can be an investment bank
(iv) - it can be a merchant bank
(v) - it can be an independent operator


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