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    Financial Institutions
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    Exam 23: Options, Caps, Floors, and Collars
  5. Question
    Purchasing a Succession of Call Options on Interest Rates Is
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Purchasing a Succession of Call Options on Interest Rates Is

Question 8

Question 8

Multiple Choice

Purchasing a succession of call options on interest rates is called a


A) open interest.
B) pull-to-par.
C) cap.
D) floor.

Correct Answer:

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