问题如下:
What is the best description of the swap rate in an interest rate swap contract?
选项:
A.the interest rate for the fixed-rate leg of the swap
B.the interest rate for the floating-rate leg of the swap.
C.the interest rate for the difference between the fixed and floating legs of the swap.
解释:
A is correct.
考点:The Swap Rate Curve
解析:swap rate就是利率互换的固定利率。
为什么不选C Vswap=+/-(Vfixed-Vfloating)