Correct answer = B
"Swap Markets and Contracts," Don M. Chance
2008 Modular Level I, Vol. 6, pp. 125-127
Study Session 17-74-a
describe the characteristics of swap contracts and explain how swaps are terminated
Principal amounts are not exchanged at the beginning or end of an interest rate swap; principal amounts are typically exchanged at both the beginning and end of a currency swap.
| 
发表于 2008-6-1 05:29
| 
