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A European-style payer swaption gives its holder the: A. right to enter a swap by paying the strike price at expiration of the option. B.

A European-style payer swaption gives its holder the: A. right to enter a swap by paying the strike price at expiration of the option. B. right to enter a swap at expiration of the option as the fixed-rate payer. C. option to take either side of a swap at a certain date in the future, by making a current payment

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