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2.5 points Which one of the following best describes a swap! obligates two counterparties to exchange cash flows at one or more future dates and

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2.5 points Which one of the following best describes a swap! obligates two counterparties to exchange cash flows at one or more future dates and allows participants to restructure their balance sheets. All of the options are correct obligates two counterparties to exchange cash flows at one or more future dates allows participants to restructure their balance sheets allows a firm to convert outstanding fixed rate debt to floating rate debt

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