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Which of the following is true about a callable swap?

Which of the following is true about a callable swap?


[A]The fixed rate receiver has the right to terminate the swap at any time before its maturity
[B]The fixed rate payer has the right to extend the swap beyond maturity
[C]The fixed rate payer has the right to terminate the swap at any time before its maturity
[D]Both fixed rate payer and receiver have the right to terminate the swap at any time before its maturity

Jan 01 2018 View more View Less

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