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33 A formal agreement between two counterparties to exchange a series of different currency-denominated interest payments for an agreed period of time, and at maturity,
33 A formal agreement between two counterparties to exchange a series of different currency-denominated interest payments for an agreed period of time, and at maturity, the principal amounts in different currencies are exchanged at a pre-agreed rate. Not yet Marked Flag Select one: a. Currency swaps b. Interest rate swaps Plain vanilla interest rate swaps d. None of these
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
111919167X, 9781119191674
