These days,the majority of swaps require a/an _______ to act as an intermediary.
A) commercial bank
B) investment bank
C) merchant bank
D) Any of the given choices

Question

Quizplus · Accepted Answer

Swaps often involve complex financial arrangements and require an intermediary to facilitate the transaction. Commercial banks, investment banks, and merchant banks all have the capabilities to act as intermediaries in swap transactions, making any of the given choices correct.

These Days,the Majority of Swaps Require A/an _______ to Act