What is the special feature of an off-market swap arrangement?
A) It involves special nonstandard considerations that must be negotiated between the parties.
B) The swap is used to hedge against exchange rate risk from mismatched currencies on assets and liabilities.
C) It involves additional financing costs resulting from the fixed-fixed currency swap.
D) It involves an obligation to pay interest at a fixed or floating rate for payments representing the total return on a specified amount.
Correct Answer:
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