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____________ Is an Agreement for a Fee to Receive Payments

Question 73

Multiple Choice
____________ is an agreement for a fee to receive payments when the interest rate of a particular security rises above a specified level by a specified date.

____________ is an agreement for a fee to receive payments when the interest rate of a particular security rises above a specified level by a specified date.


A) interest rate cap
B) interest rate futures contract
C) interest rate swap
D) maximum rate contract

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