Answer Posted / samson pailo
A swap is a derivative in which two counterparties agree to
exchange one stream of cash flows against another stream.
The swap agreement defines the dates when the cash flows are
to be paid and the way they are calculated. Swaps can be
used to hedge certain risks such as interest rate risk, or
to speculate on changes in the expected direction of
underlying prices.
| Is This Answer Correct ? | 13 Yes | 6 No |
Post New Answer View All Answers
What are money-back policies?
Explain what is the difference between equity financing and debt financing?
How often do you visit banks?
How are angel investors opposite to venture capitalists?
What is 'fixed deposit account'?
Tell the basic difference between banking and finance?
What is the role of actuarial assistant in the insurance company?
Why should we give this job to you?
What is Issued Capital?
What do you know about Schedule 6?
The authorized capital of nabard in 2013 was raised up to what limit?
What do you understand by foreign draft?
Where can I apply for tmb entrance exam?
Explain the different ways you can operate your accounts?
What do you know about Olympics 2016?