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Which of the Below Statements Is FALSE

Question 24

Multiple Choice

Which of the below statements is FALSE?


A) In a payer swaption the buyer of the swaption has the right to enter into an interest rate swap that requires paying a floating rate and receiving a fixed rate.
B) A forward start swap is a swap wherein the swap does not begin until some future date that is specified in the swap agreement.
C) A forward start swap will also specify the swap rate at which the counterparties agree to exchange payments commencing at the start date.
D) None of these

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