The Thesis Paragraph should not:
a. set forth the client's problem.
b. state the legal issue.
c. explain in detail the legal rules governing the issues.
d. state the legal conclusions.
e. None of the above.
c
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The most common type of swap, in which one party makes payments based on a fixed or floating rate, and the second party does just the opposite.
(a) embedded derivative (b) call option (c) interest rate swap (d) parent
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It is often very helpful when preparing the research report to:
A) use #2 pencil B) assume the role of the reader and ask: "What's in it for me?" C) follow a previously-written report carefully D) consult frequently with client employees E) none of the above
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