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Interest Rate Swaps : Explain using an example , Interest Rate Swaps LIES ? HOW are these used by corporations & banks to

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Interest Rate Swaps : Explain using an example , " Interest Rate Swaps " LIES ? HOW are these used by corporations & banks to hedge risks ? Are Swaps optimal for risk transfer for banks & local governments ? Why or Why not ? Book and Class Notes ) hat specific areas are: strengths for Bank of America and Citibank ? What are the potential weakness and challenges for both these financial institutions

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