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    Money the Financial System
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    Exam 9: Derivative Securities and Derivative Markets
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    A Swap Is
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A Swap Is

Question 96

Question 96

Multiple Choice

A swap is


A) another name for a put option.
B) another name for a call option.
C) an agreement between two or more persons to exchange sets of cash flows over some future period.
D) the name for the replacement of a futures contract by an options contract.

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