Floating for Floating Currency Swaps

question 3

Multiple Choice

Floating for floating currency swaps

• A)the reference rates are different for the different currencies: e.g. dollar LIBOR versus euro LIBOR.
• B)the reference rates can be the same but have different frequencies.
• C)both a and b
• D)none of the above

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Definitions:

Motivation

The driving force or reason behind an individual's actions, desires, and needs.

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