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    Exam 30: OTC Interest Rate Derivatives: Forward Rate Agreements, Swaps, Caps, and Floors
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    The Predetermined Level of the Reference Interest Rate Is Called
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The Predetermined Level of the Reference Interest Rate Is Called

Question 42

Question 42

Multiple Choice

The predetermined level of the reference interest rate is called the ________.


A) ceiling rate.
B) reference rate.
C) exercise rate.
D) strike rate.

Correct Answer:

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