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    Exam 18: Long-Term Debt Financing
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    In General, the ____ Rate Payer in a Plain Vanilla
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In General, the ____ Rate Payer in a Plain Vanilla

Question 10

Question 10

Multiple Choice

In general, the ____ rate payer in a plain vanilla swap believes interest rates are going to ____.


A) fixed; decline
B) floating; decline
C) floating; increase
D) None of these are correct.

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