During termination of an interest rate swap, if a party is paying _____ rates and interest rates
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During termination of an interest rate swap, if a party is paying _____ rates and interest rates decline, that party has to pay to terminate the swap.
a) Floating
b) Fixed
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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