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A Swap Bank

Question 23

Multiple Choice

A swap bank


A) can act as a broker,bringing together counterparties to a swap.
B) can act as a dealer,standing ready to buy and sell swaps.
C) can act as a broker,bringing together counterparties to a swap and standing ready to buy and sell swaps.
D) only sometimes acts as a broker,bringing together counterparties to a swap,but never ever acts as a dealer,standing ready to buy and sell swaps.

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