Multiple Choice
The agreement is referred to as an ________ when one party agrees to pay the other if the reference rate falls below a predetermined level.
A) interest rate ceiling
B) interest rate cap
C) interest rate floor
D) interest rate bottom
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q47: Swaps can be used by investment bankers
Q48: Illustrate an interest rate / equity swap.
Q49: A ceiling is created by buying an
Q50: Assume the following terms for an FRA:
Q51: In an interest rate swap, the dollar
Q53: The FRA's _ is the rate specified
Q54: In addition to the generic swap structure
Q55: Which of the below statements is FALSE?<br>A)
Q56: A position in an interest rate swap
Q57: What is forward start swap?