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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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