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Which of the following positions replicates a plain vanilla, receive-fixed interest rate swap? A. A short position in a fixed coupon bond and a long
Which of the following positions replicates a plain vanilla, receive-fixed interest rate swap?
A. A short position in a fixed coupon bond and a long position in a floating rate note
B. A short position in a fixed coupon bond coupled with issuing a floating rate note.
C. A long position in a fixed coupon bond coupled with issuing a floating rate note.
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