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Which of the following is not a reason for financial institutions to engage in interest rate swaps? a. to reduce interest rate risk b. to

Which of the following is not a reason for financial institutions to engage in interest rate swaps?

a.

to reduce interest rate risk

b.

to act as an intermediary

c.

to act as a dealer in swaps

d.

all of the above are reasons for financial institutions to engage in swaps

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