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Qu 6 Which of the following describes the five-year swap rate? Not Mark FL Select one: a. The fixed rate of interest which a swap

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Qu 6 Which of the following describes the five-year swap rate? Not Mark FL Select one: a. The fixed rate of interest which a swap market maker is prepared to pay in exchange for LIBOR on a 5-year swap O b. The fixed rate of interest which a swap market maker is prepared to receive in exchange for LIBOR on a 5-year swap O c The average of A and B Od. The higher of A and B

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