Scan QR code or get instant email to install app
Question:
Which of the following statements about plain vanilla interest rate swaps is most accurate? The swap counterparties:
A
exchange fixed rate payments for variable rate payments.
explanation
The counterparties do not exchange the notional principal on an interest rate swap.
Take more free practice tests for other PASSEMALL topics with our cfa level 1 exam now!
Related Information
Comments