A swap
contract is _____.

Question

Answer

An exchange of
principal over a certain period of time which is generally due to differences
in the interest rates used.

Answer

An exchange of
principal over a certain period of time which is generally due to similarities
in the interest rates used.

Answer

An exchange of
cashflow over a certain period of time which is generally due to differences in
the interest rates used.

Answer

An exchange of
cashflow over a certain period of time which is generally due to similarities
in the interest rates used.

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