a. Describe the role of the intermediary in a swap. b. What are the two factors that

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a. Describe the role of the intermediary in a swap.

b. What are the two factors that led swap brokers/intermediaries to act as principals or dealers?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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