Fundamentals of Corporate Finance (Special Edition for Rutgers Business School)
Fundamentals of Corporate Finance (Special Edition for Rutgers Business School)
11th Edition
ISBN: 9781308509853
Author: Ross, Westerfield, Jordan
Publisher: McGraw Hill
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Chapter 23, Problem 14CRCT
Summary Introduction

To discuss: The reverse swap trade and its advantage.

Introduction:

Swap contract is an emerging derivative instrument and it is first introduced in the year 1981. The swap contract is an agreement to swap or exchange cash flows at specified intervals.

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