Question
A company enters into an interest rate swap where it is receiving fixed and paying LIBOR. When interest rates increase, which of the following is
A company enters into an interest rate swap where it is receiving fixed and paying LIBOR. When interest rates increase, which of the following is true?
The value of the swap to the company increases
The value of the swap to the company decreases
The value of the swap can either increase or decrease
The value of the swap does not change providing the swap rate remains the same
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
