47．A plain vanilla interest rate swap is a contract where one party pays a:
Select exactly 1 answers from the following:
A. fixed interest rate and the counterparty pays a floating rate in a different currency.
B. fixed interest rate and the counterparty pays a fixed rate, both in the same currency.
C. floating interest rate and the counterparty pays a floating rate in a different currency.
D. fixed interest rate and the counterparty pays a floating rate, both in the same currency.
答案和详解如下！
Feedback: Correct answer: D
Analysis of Derivatives for the CFA Program, Don M. Chance, (AIMR, 2003), pp. 279 2006 Modular Level I, Vol. IV, pp. 496 Study Session 16-73-c define and give an example of a plain vanilla interest rate swap and calculate and interpret the payments on an interest rate swap
A plain vanilla interest rate swap is a contract where one party pays fixed while the counterparty pays floating, both in the same currency.
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发表于 2006-11-22 11:06
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