Solved

The Writer of an Interest Rate Floor Contract

Question 5

Multiple Choice

The writer of an interest rate floor contract:


A) has the obligation to buy the underlying bond at a fixed price
B) has the obligation to sell the underlying bond at a fixed price
C) has the obligation to pay (the strike rate minus the spot rate) times the notional
D) has the obligation to pay (the spot rate minus the strike rate) times the notional in case it's a positive number
E) has the obligation to pay (the strike rate minus the spot rate) times the notional in case it's a positive number

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents