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All main topics / Finance & Investment / Derivatives / Derivatives
Which of the following describes an interest rate swap?
A.The exchange of a fixed rate bond for a floating rate bond
B.A portfolio of forward rate agreements
C.An agreement to exchange interest at a fixed rate for interest at a floating rate
D.All of the above
Answer: D

The answer is D because all of A, B, and C are true for an interest rate swap.
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Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015




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