A Swap Arrangement Where the Floating Payment Is the Average

question 38

Multiple Choice

A swap arrangement where the floating payment is the average cash rate over the swap term is called:

• A)a credit default swap
• B)a fixed-for-floating interest rate swap
• C)an overnight indexed swap
• D)a currency swap
• E)a plain vanilla interest rate swap.

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Definitions:

Succession Management

A strategy for identifying and developing future leaders within an organization.

Senior Executive Turnover

This term refers to the rate at which top management personnel leave an organization and are replaced by others, which can impact the organizational stability and strategic direction.

HR Supply Planning

The process used by human resources to ensure that the organization has the right number of employees with the necessary skills in the right places at the right times.

Demographic Trends

Patterns in the composition of a population over time, including changes in age, gender, race, and other characteristics.