24-4 In a conventional interest rate swap agreement,the swap buyer agrees to make a number of fixed interest rate payments to the swap seller.

Question

Quizplus · Accepted Answer

In a conventional interest rate swap agreement, the swap buyer agrees to make a number of fixed interest rate payments to the swap seller, while the swap seller agrees to make a number of floating interest rate payments to the swap buyer.

24-4 in a Conventional Interest Rate Swap Agreement,the Swap Buyer