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3I0-013 · Question #192

3I0-013 Question #192: Real Exam Question with Answer & Explanation

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Question

The notional amount in an interest rate swap is:

Options

  • AThe sum of all the fixed and floating rate payments
  • BThe net difference between fixed and floating rate payments
  • CThe amount on which floating and fixed interest payments are calculated
  • DThe amount at which the two counterparties can close-out their transaction

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