ACI
3I0-013 · Question #70
What financial product involves exchanging a fixed interest rate for a floating interest rate?
The correct answer is C. An interest rate swap (IRS). See the full explanation below for the reasoning.
Question
What financial product involves exchanging a fixed interest rate for a floating interest rate?
Options
- AAFXSwap
- BArepurchase agreement
- CAn interest rate swap (IRS)
- DAdual swaption
How the community answered
(63 responses)- A3% (2)
- B5% (3)
- C83% (52)
- D10% (6)
Community Discussion
No community discussion yet for this question.