CIMA Risk Management P3 Question # 10 Topic 2 Discussion

CIMA Risk Management P3 Question # 10 Topic 2 Discussion

P3 Exam Topic 2 Question 10 Discussion:
Question #: 10
Topic #: 2

Which of the following are true of interest rate swaps?


A.

Risk of default is high from the floating interest rate payer if interest rates rise.


B.

An interest rate swap is an external hedging technique.


C.

When interest rates are falling, the risk of default by the fixed interest rate payer is low.


D.

Some companies use interest rate swaps to deliberately increase their risks because they believe that they are better at predicting future interest rates than the market.


E.

An interest rate swap is an internal hedging technique.


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