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When an interest rate swap is established on an amortizing basis, _____ . Group of answer choices A. there is no such thing as an

When an interest rate swap is established on an amortizing basis, _____ .

Group of answer choices

A. there is no such thing as an amortizing swap

B. the debt service exchanges are the same each year, but the level of interest and principal changes as the loans amortize

C. the debt service exchanges decrease periodically through time as the hypothetical notational principal is amortized

D. None of the options are correct.

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