Financial Swaps in Business Management : Practice MCQ Questions & Answers with Explanations

22 practice sets · Page 2 of 2

21.

An interest rate floor in currency swaps sets

a maximum rate on fixed interest rate payments

a minimum rate on floating interest rate payments

a minimum rate on fixed interest rate payments

a maximum rate on floating interest rate payments

22.

A currency swap bank is usually

a financial intermediary

a currency speculator

A and B

an end user