McqMate
| Q. |
Zero coupon swap is an arrangement |
| A. | Involving exchange of zero coupon bonds. |
| B. | Whereby only one party makes payment periodically. |
| C. | Whereby one of the counter-parties makes payment in lump sum instead of periodically. |
| D. | None of the above. |
| Answer» C. Whereby one of the counter-parties makes payment in lump sum instead of periodically. | |
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