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Which of the following statements about diff swaps is true? a. the notional amount increases throughout the life of the swap b. they are based

Which of the following statements about diff swaps is true?

a.

the notional amount increases throughout the life of the swap

b.

they are based on the difference between interest rates of different maturities

c.

they are based on the difference between interest rates in two countries

d.

they involve interest payments in separate currencies

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