Interest Rate and Currency Swaps Allow One Party to Exchange

question 12

Multiple Choice

Interest rate and currency swaps allow one party to exchange a:

• A) floating interest rate or currency value for a fixed value over the contract term.
• B) fixed interest rate or currency value for a lower fixed value over the contract term.
• C) floating interest rate or currency value for a lower floating value over the contract term.
• D) a fixed interest rate position for a currency position over the contract term.

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Definitions:

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