An 'Interest Rate Swap' Generally Involves

question 9

Multiple Choice

An 'interest rate swap' generally involves:

• A) a lender and a borrower agreeing to change a floating interest rate to a fixed interest rate or vice versa
• B) two (or more) parties exchanging floating interest rates for fixed interest rates on loans
• C) two (or more) parties agreeing to guarantee each others' loan obligations
• D) two (or more) parties in different countries agreeing to deal at fixed currency exchange rates

---

Definitions:

PR Professional

An individual specializing in public relations, responsible for managing and guiding the public image of organizations or individuals.

Surrounding Community

The population living in the vicinity of a business or organization, which can be affected by its operations and decisions.

Immersed

Fully engaged or deeply involved in a particular activity or environment.

Visible

Easily seen or noticed; capable of being perceived by the eye or other senses, often used in the context of objects, people, or phenomena.