Which of the Following Is an Example of a "Swap

question 6

Multiple Choice

Which of the following is an example of a "swap"?

• A)Right to buy 100 shares of CIBC over the next 5 years.
• B)Commitment to buy 100 barrels of oil next month at $125/barrel.
• C)Commitment to buy $100,000 US dollars in 4 months at US$=1.10.
• D)Pay interest at prime +3% in exchange for receiving interest at 5%.

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