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    Exam 9: Interest-Rate Forecasting and Hedging: Swaps, Financial Futures, and Options
  5. Question
    What Are Interest-Rate Swaps? Why Were These Instruments Developed
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What Are Interest-Rate Swaps? Why Were These Instruments Developed

Question 30

Question 30

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What are interest-rate swaps? Why were these instruments developed?

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In an interest rate swap, two participat...

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