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Swaps - Introduction Questions & Answers 2024. On each payment date, the fixed rate receiver must typically pay an amount equal to: a. The product of the floating rate and the nominal principal b. The product of the nominal principal and the difference between the floating and fixed rate c. The nominal amount plus the product of the floating rate and the nominal principal - correct answer B. Payments on a swap are netted off against one another. Therefore the difference between the fixed and...

Swaps - Introduction Questions And Answers 2024. On each payment date, the fixed rate receiver must typically pay an amount equal to: a. The product of the floating rate and the nominal principal b. The product of the nominal principal and the difference between the floating and fixed rate c. The nominal amount plus the product of the floating rate and the nominal principal - correct answer B. Payments on a swap are netted off against one another. Therefore the difference between the fixed a...

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