标题: Schweser Self-Test: Derivatives - Question 1 [打印本页]

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作者: AnalystAlan    时间: 2011-7-11 19:38     标题: Schweser Self-Test: Derivatives - Question 1

Page 144-145:

Plain vanilla swap, fixed receiver.

Should be equivalent to going LONG a series of interest rate puts and going SHORT a series of interest rate calls, right?

Answer says this swap would be equivalent to going SHORT a series of interest rate puts and going SHORT a series of interest rate calls.

What am I missing?

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作者: xilinx_altera    时间: 2011-7-11 19:38

LEAST ... in the question...

CP

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