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Multiple chooice: JPM holds an Interest Rate Swap with a maturity of one year, with quarterly settlement dates. The variable reference rate is SOFR. The

Multiple chooice:

JPM holds an Interest Rate Swap with a maturity of one year, with quarterly settlement dates. The variable reference rate is SOFR. The variable payment/receipt on day 270 will be determined by

A: 270 day SOFR at initiation

B: 90 day SPFR at day 270

C : 90 DAY SPFR at day 180

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