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In a plain vanilla swap: A.The notional principal is usually exchanged. B.The one payment is based on a fixed interest rate while the other is
In a plain vanilla swap:
A.The notional principal is usually exchanged.
B.The one payment is based on a fixed interest rate while the other is based on a floating rate.
C.All settlement days are always 180 days apart, and each year is counted as 360 days
D.Payments between the parties are never netted out.
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