Question
Which of the following derivative instrument is a type
of financial derivative in which fixed payments of interest are exchanged by two counterparties for floating payments of interest?Solution
A swap is an agreement between two counter parties to exchange cash flows in the future. Under the swap agreement, various terms like the dates when the cash flows are to be paid, the currency in which to be paid and the mode of payment are determined and finalized by the parties. Usually the calculation of cash flows involves the future values of one or more market variables. There are two most popular forms of swap contracts, i.e., interest rate swaps and currency swaps.
If 65 [70] 14 and 91 [91] 13, then what is the value of P in 78 [Z] 19?
Select the option that is related to the third term in the same way as the second term is related to the first term.
72: 81:: 92: ?
If 49 × 23 = 41, 26 × 47 = 23 and 64 × 99 = 42, then 57× 68 = ?
Select the option in which the numbers share the same relationship as that shared by the numbers in the set given below:
(480, 238, 484)
If 51 @ 24 = 9' and 56 @ 22 = 8', then 72 @ 32 = ?'. What will come in place of question mark?
Select the set of numbers that is similar to the following set:
(23, 7, 24)
Given set: Â 337, 724, 652
Select the right analogous pair from the given options.
Melt : Liquid :: Freeze : ?
Five marbles named as A1, K1, P1, R1, and T1 are kept one above the other (not necessarily in the same order). Only marble T1 is between K1 and P1. P1 i...
Select the option that is related to the fifth number in the same way as the second number is related to the first number and the fourth number is rela...
