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In a period when interest rates are expected to rise, _______ institutions will want a fixed-for-floating swap, and the fixed rate specified on interest rate
In a period when interest rates are expected to rise, _______ institutions will want a fixed-for-floating swap, and the fixed rate specified on interest rate swaps will be _______ under these conditions.
A. many; lower
B. many; higher
C. few; lower
D. few; higher
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