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A swap is an arrangement for two counterparties to: A) permit fluctuation in interest rates. B) insure natural catastrophes. C) temporarily exchange fixed assets. D)

 A swap is an arrangement for two counterparties to:

A) permit fluctuation in interest rates.

B) insure natural catastrophes.

C) temporarily exchange fixed assets.

D) exchange cash flows over time.

E) help exchange markets clear.

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