asked 92.2k views
2 votes
23. In an interest rate swap between AAA who wants to convert fixed rate loan to floating-rate loan and BBB who wants to convert floating-rate loan to fixed-rate loan: A) AAA Will pay floating rate and receive fix rate for the term of the swap contract B) AAA Will pays fix rate and receive floating rate for the term of the swap contract C) BBB Will pay floating rate and receive fix rate for the term of the swap contract D) BBB Will receive fix rate and pay floating rate for the term of the swap contract

asked
User Yonah
by
8.4k points

1 Answer

5 votes

Answer:

d

Step-by-step explanation:

i just got it right

answered
User CXJ
by
8.1k points
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