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A Swap Bank Has Identified Two Companies with Mirror-Image Financing

Question 12

Multiple Choice

A swap bank has identified two companies with mirror-image financing needs (they both want to borrow equivalent amounts for the same amount of time. Company X has agreed to one leg of the swap but company Y is "playing hard to get".


A) The swap bank could just sell the company X side of the swap.
B) Company X should lobby Y to "get on board".
C) Company Y should calculate the QSD and subtract that from their best outside offer.
D) None of the above

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