As a(n) ____ to an interest rate swap, a financial institution simply arranges a swap between two parties.

Question

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A broker acts as an intermediary between two parties in a transaction. In this case, a financial institution acts as a broker by arranging an interest rate swap between two parties. Choice A is not a valid term, and choice C refers to the other party involved in the swap. Therefore, the best answer is B (broker).

As A(n) ____ to an Interest Rate Swap, a Financial