If a swap dealer's spread on a $100 000 000 deal is 3 basis points, the dealer's profit amounts to
A) $300 000
B) $3 000 000
C) $3 000
D) $30 000
Correct Answer:
Verified
Q59: A firm needs $2 million of new
Q60: A _ option is an option to
Q61: Which of the following statements about put
Q62: In which of the following situations would
Q63: The similarities of a right and a
Q65: If a swap dealer "warehouses" deals, it
Q66: A firm needs $5 million of new
Q67: When an interest-rate swap is used to
Q68: A firm needs $1.5 million of new
Q69: A firm has an outstanding bond with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents