Total return swaps are typically structured so that the capital gain or loss is paid at the

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Total return swaps are typically structured so that the capital gain or loss is paid at the end of the swap. However, an alternative structure does exist in which the capital gain or loss is paid at the end of each interest period during the swap.

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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