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A firm wishesto hedge interest rate risk with a swap transaction. It currently pays a floating rate on a bank loan. In the swap, the
A firm wishesto hedge interest rate risk with a swap transaction. It currently pays a floating rate on a bank loan. In the swap, the firm should pay a ______ rate and receive a ______ rate.A) fixed; fixedB) floating; floatingC) fixed; floatingD) floating; fixed
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