Question

    What is the term used for the practice of replacing

    relatively high cost debt with that of lower cost borrowing to take advantage of falling interest rates?
    A Derivative Correct Answer Incorrect Answer
    B Credit Risk management Correct Answer Incorrect Answer
    C Debt swap Correct Answer Incorrect Answer
    D Credit Enhancement Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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