If the reference rate is above the________, then nothing is paid under the floor and no settlement
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If the reference rate is above the________, then nothing is paid under the floor and no settlement takes place.
a) Reference rate
b) Reset rate
c) Floor rate
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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