An Interest Rate Collar Is

question 21

Multiple Choice

An interest rate collar is

• A)writing a floor and writing a cap.
• B)buying a cap and writing a floor.
• C)an option on a futures contract.
• D)buying a cap and buying a floor.
• E)None of these choices are correct.

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Definitions:

Touch Pad

A pointing device featuring a tactile surface that detects the movement and pressure of the user’s fingers.

Display

The component of a device that visually presents information to the user.

Environmental Waste

Materials or substances that are discarded after use or are byproducts of manufacturing processes, often harmful to the environment.

Electricity Consumed

The amount of electrical energy used by an appliance, system, or facility, typically measured in kilowatt-hours.