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Which of the Following Is NOT a Typical Provision of an Interest

Question 53

Multiple Choice

Which of the following is NOT a typical provision of an interest rate swap?


A) the notional principal value to which the interest rates are applied to determine the interest payments involved
B) the fixed interest rate
C) the formula and type of index used to determine the floating interest rate
D) the underwriter of the bond
E) All of these are provisions of an interest rate swap.

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