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Which of the following statements is TRUE? Select one: O a. The buyer of an interest rate swap pays the floating market rate and receives

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Which of the following statements is TRUE? Select one: O a. The buyer of an interest rate swap pays the floating market rate and receives the fixed swap rate. o b. The seller of an interest rate OC. The buyer of an interest rate swap will gain if market interest rates rise and lose if market interest rates fall. rate swap will gain if market interest rates rise

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