A rise in six-month LIBOR is good news to __________ in a swap contract
A) the fixed-rate payer
B) the floating-rate payer
C) both payers
D) neither payer
A
Economics
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The origin of the idea of a trade-off between inflation and unemployment was a 1958 article by
A) A.W. Phillips. B) Edmund Phelps. C) Milton Friedman. D) Robert Gordon.
Economics
If the interest rate is 10 percent per year, and you have $100,000 now, which of the following is closest to what your $100,000 will be worth in three years?
A) $155,000 B) $115,000 C) $120,000 D) $133,000
Economics