Interest Rate and Currency Swaps Allow One Party to Exchange

Multiple Choice

Interest rate and currency swaps allow one party to exchange a:

A) floating interest rate or currency value for a fixed value over the contract term.
B) fixed interest rate or currency value for a lower fixed value over the contract term.
C) floating interest rate or currency value for a lower floating value over the contract term.
D) fixed interest rate position for a currency position over the contract term.
E) None of these.