What feature most distinguishes a swap contract from a cash-settled forward contract?
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What feature most distinguishes a swap contract from a cash-settled forward contract?
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Both contracts provide for the exchange of cash payments in the fut...View the full answer
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Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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