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    Institute of Internal Auditors (IIA)
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    Exam 1: Certified Financial Services Auditor
  5. Question
    When One Party Trades a Variable Interest Rate for a Fixed
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When One Party Trades a Variable Interest Rate for a Fixed

Question 10

Question 10

Multiple Choice

When one party trades a variable interest rate for a fixed interest rate or vice versa then __________ occurs.


A) Future contracts
B) Interest rate swap
C) Option
D) Forward contracts

Correct Answer:

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