A payer swaption gives the buyer of the swaption the right to enter into a swap where
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A payer swaption gives the buyer of the swaption the right to enter into a swap where they pay the fixed leg and receive the ______leg.
a) Fixed
b) Floating
c) Nominal
d) None of the above
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Related Book For
Accounting For Investments Fixed Income Securities And Interest Rate Derivatives Volume 2
ISBN: 9780470825914
1st Edition
Authors: R. Venkata Subramani
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