Briefly explain the benefits that accrue to each of the contracting parties in a eurodollar interest rate

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Briefly explain the benefits that accrue to each of the contracting parties in a eurodollar interest rate swap. What is the difference between a normal swap and a basis swap? If a swap contract is signed and one of the parties wishes to return to his or her initial market position, for example, a floating rate, what, if anything, can be done?
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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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