15. Interest rate swaps involve the exchange of ________________. A. fixed rate
ID: 2697981 • Letter: 1
Question
15. Interest rate swaps involve the exchange of ________________. A. fixed rate bonds for floating rate bonds B. short term rates for long term rates C. net interest (fixed rate - LIBOR) payments and an actual principal swap D. net interest payments based on principal, but no exchange of principal 15. Interest rate swaps involve the exchange of ________________. A. fixed rate bonds for floating rate bonds B. short term rates for long term rates C. net interest (fixed rate - LIBOR) payments and an actual principal swap D. net interest payments based on principal, but no exchange of principalExplanation / Answer
A. fixed rate bonds for floating rate bonds