The "Spread" in Swap Deal Refers to

Multiple Choice

The "spread" in swap deal refers to

A) the profit made by the swap dealer by adding to the fixed rates of the swap
B) the difference between the fixed rates the parties of the swap can borrow at in the fixed-rate market
C) the profit made by the counterparties by participating in the swap
D) the difference between the floating rates the parties of the swap can borrow at in the floating-rate market