In a plain vanilla fixed-for-floating swap,
A) Fixed payments and floating payments must be made on the same date.
B) Fixed payments and floating payments may follow different payment cycles.
C) Fixed payments are made semi-annually while floating payments are quarterly.
D) Fixed payments are known ahead of time while the floating payment due on a particular date gets to be known only on that date.
Correct Answer:
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Q1: The US Treasury market day-count convention is
A)Actual/365.
B)Actual/360.
C)Actual/Actual.
D)30/360.
Q3: The US swap market convention,that is used
Q4: The UK money-market day-count convention is
A)Actual/365.
B)Actual/360.
C)Actual/Actual.
D)30/360.
Q5: You enter into a $100 million
Q6: The main difference between the "short-form" and
Q7: The main difference between the "short-form" and
Q8: A plain vanilla interest-rate swap is an
Q9: Firm A can borrow at 4% fixed
Q10: An amortizing interest-rate swap is one in
Q11: Which of the following is not true
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