2. Which of the following distinguishes forwards from swaps? A. Forwards are OTC instruments, whereas swaps are

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2. Which of the following distinguishes forwards from swaps?

A. Forwards are OTC instruments, whereas swaps are exchange traded.

B. Forwards are regulated as futures, whereas swaps are regulated as securities.

C. Swaps have multiple payments, whereas forwards have only a single payment.

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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