Which Combination of the Following Statements Is True About a Swap

Multiple Choice

Which combination of the following statements is true about a swap bank?
(i) - It is a generic term to describe a financial institution that facilitates swaps between counterparties.
(ii) - It can be an international commercial bank.
(iii) - It can be an investment bank.
(iv) - It can be a merchant bank.
(v) - It can be an independent operator.

A) (i) and (ii)
B) (i) , (ii) and (iii)
C) (i) , (ii) , (iii) and (iv)
D) (i) , (ii) , (iii) , (iv) and (v)