ACI

3I0-013 · Question #161

How is the price of an interest rate swap (IRS) expressed?

The correct answer is D. As an interest rate expressed in percentage terms. See the full explanation below for the reasoning.

Question

How is the price of an interest rate swap (IRS) expressed?

Options

AAs an exchange rate
BAs a cash flow
CAs a margin added to the floating rate
DAs an interest rate expressed in percentage terms

How the community answered

(21 responses)

A
5% (1)
B
5% (1)
C
14% (3)
D
76% (16)

Community Discussion

No community discussion yet for this question.

Sign up to join the discussion

Full 3I0-013 Practice