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Which of the following describes a 1-month OIS The geometric average of overnight rates is exchanged for a fixed rate at the end of one
Which of the following describes a 1-month OIS
| The geometric average of overnight rates is exchanged for a fixed rate at the end of one mont | ||
| The arithmetic average of overnight rates is exchanged for a fixed rate at the end of one month | ||
| LIBOR is exchanged for the overnight rate every day for one month | ||
| A fixed rate is exchanged for the overnight rate every day for one month |
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