All of the Following Are Uses of Swaptions Except

question 36

Multiple Choice

All of the following are uses of swaptions except

• A)to speculate on interest rates
• B)to give a firm flexibility in future borrowings
• C)to borrow money
• D)to create callable from non-callable bonds
• E)none of the above

---

Definitions:

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, suggesting that there is a statistical effect or a significant difference in the population.

Credit Cards

Plastic cards issued by banks or financial institutions allowing the cardholder to borrow funds for purchases or cash advances.

SJSU Freshmen

First-year undergraduate students enrolled at San Jose State University.

Z-statistic

A statistic that quantifies the number of standard deviations a data point is from the population mean.