Asked by
Cecilia Smith
on Nov 06, 2024
Verified
An interest rate swap is theoretically appealing but rarely used in actual practice.
Interest Rate Swap
A financial derivative contract where two parties exchange interest rate payments, typically one with a fixed rate and the other with a floating rate.
- Familiarize yourself with the duties and properties of swap contracts in financial markets.
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CO
Learning Objectives
- Familiarize yourself with the duties and properties of swap contracts in financial markets.