Please answer each question more than two sentences. Please do not plagiarize since I run it through a program. I also tip depending on quality.

1. What is an interest reference rate and how is it used to set rates for individual borrowers?

3. What is a credit risk premium?

6. What do the general categories of investment grade and speculative grade represent?

14. Why do fixed-for-floating interest rate swaps never swap the credit spread component on a floating-rate loan?