In a(n) ________ swap, one party pays a fixed rate calculated at the time of the trade as a spread to a particular Treasury bond, and the other sides pays a floating rate

A) currency
B) interest rate
C) coupon
D) basis

Answer: B

Business

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The real estate Agency Disclosure Law became effective on January 1st:

a. 1968. b. 1988. c. 1978. d. 1998.

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The American Tie Company, a necktie retailer, offers a deep assortment of men's neckties. The American Tie Company is best described as a(n) ________

A) department store B) supermarket C) specialty store D) discount store E) off-price retailer

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