An Advantage of a ____ Over Other Interest Rate Swaps

question 30

Multiple Choice

An advantage of a ____ over other interest rate swaps is that the fixed-rate payer has the flexibility to avoid exchanging future interest payments.

• A)callable swap
• B)putable swap
• C)zero-coupon-for-floating swap
• D)forward swap

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Definitions:

Corporate Social Responsibility

A company's commitment to manage the social, environmental, and economic effects of its operations responsibly and in line with public expectations.

Discretionary

Refers to actions or expenditures that are subject to judgment or choice, often within a framework of policies or guidelines.

Benefit Society

Actions or initiatives that contribute positively to the well-being and improvement of the community or society as a whole.

Economic Policy Institute

A nonprofit, nonpartisan think tank created in 1986 to include the needs of low- and middle-income workers in economic policy discussions.