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A step-up swap is an interest rate swap for which A. the notional principal first increases and then decreases over time. B. the notional principal
A step-up swap is an interest rate swap for which
A. | the notional principal first increases and then decreases over time. | |
B. | the notional principal is a decreasing function of time. | |
C. | the notional principal is an increasing function of time. | |
D. | the principal can be different on the two sides of the swap. |
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