Which Combination of the Following Statements Is True About a Swap

question 99

Multiple Choice

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

• A)(i)and (ii)
• B)(i),(ii)and (iii)
• C)(i),(ii),(iii)and (iv)
• D)(i),(ii),(iii),(iv)and (v)

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Definitions:

Mislaid

Property that is intentionally placed somewhere and then forgotten by the owner.

Abandoned

Something or someone that is abandoned has been left behind or given up on, often leading to a state of neglect or disuse.

Lost

Unable to find one's way; not knowing one's whereabouts.

Common Carriers

Entities that offer transportation services to the public under the regulation of governmental authority.