The fixed-rate payer in an interest-rate swap has a position equivalent to a series of ____________. a) long interest-rate puts and short interest-rate calls b) short interest-rate puts and long interest-rate calls c) long interest-rate puts and calls d) short interest-rate puts and calls

The fixed-rate payer in an interest-rate swap has a position equivalent to a series of
____________.
a) long interest-rate puts and short interest-rate calls
b) short interest-rate puts and long interest-rate calls
c) long interest-rate puts and calls
d) short interest-rate puts and calls
by

1 Answer

Answer :

b) short interest-rate puts and long interest-rate calls
by

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