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Is this statement true/ false? Why is it? As the fixed rate receiver in an interest rate swap transaction, investor gains when the market interest
Is this statement true/ false? Why is it?
"As the fixed rate receiver in an interest rate swap transaction, investor gains when the market interest rate increase."
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
