A(n) ____ swap is entered into today, but the swap payments start at a specific future point in time.

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Quizplus · Accepted Answer

A forward swap has an agreement in place to start the swap payments at some point in the future. An accretion swap gradually increases in value, an amortizing swap gradually pays down principal, a zero-coupon swap has no periodic payments, and a putable swap gives one party the option to terminate the swap early.

A(n) ____ Swap Is Entered into Today, but the Swap