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In the interest rate swap: elect one: of A. the party who pays fixed has an advantage if LIBOR decreases. B. the principal is exchanged

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In the interest rate swap: elect one: of A. the party who pays fixed has an advantage if LIBOR decreases. B. the principal is exchanged at the beginning and end of the swap. C. the party who receives fixed has an advantage if LIBOR increases. Fir D. the party who receives floating has an advantage if LIBOR decreases. E. the principal is not exchanged

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