Which of the following is least likely to be TRUE with respect to swaps A Swaps are traded over the counter B Swaps can be used for the purpose of speculation C Swaps can be used to minimize default risk D Swaps can be used for hedging purposes

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Which of the following is least likely to be TRUE with respect to swaps? A. Swaps are traded over-the-counter. B. Swaps can be used for

Which of the following is least likely to be TRUE with respect to swaps?

	A.	Swaps are traded over-the-counter.
	B.	Swaps can be used for the purpose of speculation.
	C.	Swaps can be used to minimize default risk.
	D.	Swaps can be used for hedging purposes.

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