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  3. Study Set
    Capital Markets Institutions
  4. Exam
    Exam 12: Introduction to the Swaps, Caps, and Floors Markets
  5. Question
    An Agreement Whereby Two Parties Agree to Exchange Periodic Payments
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An Agreement Whereby Two Parties Agree to Exchange Periodic Payments

Question 2

Question 2

Multiple Choice

An agreement whereby two parties agree to exchange periodic payments is called:


A) An option.
B) A futures contract.
C) A swap.
D) Cap and floor agreements.
E) None of the above.

Correct Answer:

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