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    Business
  3. Study Set
    Financial Institutions Instruments and Markets
  4. Exam
    Exam 21: Interest Rate Swaps, Cross-Currency Swaps and Credit Default
  5. Question
    An Interest Rate Swap in Which All the Fixed Payments
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An Interest Rate Swap in Which All the Fixed Payments

Question 4

Question 4

Multiple Choice

An interest rate swap in which all the fixed payments are paid in one lump sum is called a/an:


A) amortised swap.
B) term swap.
C) zero-coupon swap.
D) none of the given choices.

Correct Answer:

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