In a typical interest rate swap contract, the swap rate is best described as the interest rate for the:

A. fixed-rate leg of the swap.
B. floating-rate leg of the swap.
C. difference between the fixed and floating legs of the swap.

Ans: A. fixed-rate leg of the swap.

Business

You might also like to view...

Most franchise experts consider the most important factor in the success of a franchise to be ?

A) the simplicity of the idea. B) location. C) territorial protection. D) financing.

Business

After a title page, the next part of a typical business plan is the ________

A) product overview B) market overview C) competitive overview D) management overview E) executive summary

Business