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Bank A has $ 5 0 million in Certificates of Deposits on which the interest rate resets every 6 - months. It also has $

Bank A has $50 million in Certificates of Deposits on which the interest rate resets every 6-months. It also has $60 million in fixed rate mortgages. For Bank A which of the following would be true in constructing an interest rate swap
Assets Floating, Liabilities Floating, therefore Pay-Floating, Receive-Floating
Assets Floating, Liabilities Fixed, therefore Pay-Floating, Receive-Fixed
Assets Fixed, Liabilities Floating, therefore Pay-Fixed, Receive-Floating
Assets Fixed, Liabilities Fixed, therefore Pay- Fixed, Receive-Floating

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