Swapping an Obligation to Pay Interest at a Specified Fixed

question 67

Multiple Choice

Swapping an obligation to pay interest at a specified fixed or floating rate for payments representing the total return on a loan or a bond of a specified amount is an example of

• A)a commodity swap.
• B)a credit swap.
• C)a currency swap.
• D)an equity swap.

---

Definitions:

Social Inequalities

The unequal distribution of resources, opportunities, and rights among different social groups, often leading to disparities in wealth, power, and social status.

Functionalist

Pertaining to Functionalism, a theoretical perspective that views society as a complex system whose parts work together to promote solidarity and stability.

Instrumental Roles

Term used in sociology to describe the task-oriented roles in a family or society, primarily focused on providing material support and making decisions.

Expressive Roles

The emotional or supportive tasks in a family or group setting, focusing on nurturing, caregiving, and managing the emotional climate of the household.