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A(n) ________ is a cash-settled, over-the-counter forward contract that allows a company to fix an interest rate to be applied to a specified future interest
A(n) ________ is a cash-settled, over-the-counter forward contract that allows a company to fix an interest rate to be applied to a specified future interest period on a notional principal amount.
a. exchange of principal
b. forward rate agreement
c. syndicated loan
d. dual currency bond
e. interest rate currency swap
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