ACI Operations Certificate challenging 3I0-013 Question # 153 Topic 4 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 153 Topic 4 Discussion

3I0-013 Exam Topic 4 Question 153 Discussion:
Question #: 153
Topic #: 4

What financial product involves exchanging a fixed interest rate for a floating interest rate?


A.

A FX Swap


B.

A repurchase agreement


C.

An interest rate swap (IRS)


D.

A dual swaption


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