Interest Rate Swaps and Cross-Currency Swaps Permit a Counterparty to Exchange

Multiple Choice

Interest rate swaps and cross-currency swaps permit a counterparty to exchange a:

A) floating interest rate payment or currency value for a lower floating payment value over the term.
B) fixed interest rate position for a currency position over the contract term.
C) floating interest rate payment or currency value for a fixed payment value over the contract term.
D) fixed interest rate payment or currency value for a fixed value over the contract term.