标题: Which one did you guys pick,,, Swaps have 0 value [打印本页] 作者: water2012 时间: 2011-7-13 13:05 标题: Which one did you guys pick,,, Swaps have 0 value
The second choice was, Swaps have 0 value initially....
The third choice was something about automatic termination of swaps..
Forgot the first one..作者: scr879 时间: 2011-7-13 13:05
0 value initially rings a bell. I don't think swaps automatically terminate/expire.作者: Bulla564 时间: 2011-7-13 13:05
If i remember correctly, question asked to pick the incorrect one?,,,
What about curreny swaps? NP is exchanged b/n the 2作者: RobertA 时间: 2011-7-13 13:05
Yeah, currency swaps do exchange notional principal at the contract initiation. If the question asked for the incorrect answer it was definitely automatic termination of swaps.作者: cyber21 时间: 2011-7-13 13:05
cool - thx作者: homie 时间: 2011-7-13 13:05
Yes - Swaps are customized transactions - I cannot think of automatically terminating them...
if I remember correctly, the 3rd choice (C) was, "Swaps can be automatically terminated as long as the termination price is set correctly"...
Anyway, I went with (C) as the incorrect answer..作者: Jolyn 时间: 2011-7-13 13:05
Totally with you...
Actually I remember that the incorrect choice was that one (automatic termination of swaps).
