Question: Which of the following describes the seven - year swap rate? The rate on a 7 - year loan to a AA - rated company.

Which of the following describes the seven-year swap rate?
The rate on a 7-year loan to a AA-rated company.
The rate than can be earned over 7 years from a series of short-term loans to AA-rated companies.
The rate on a 7-year loan to an A-rated company.
The rate that can be earned over 7 years from a series of short-term loans to A-rated companies.
Which of the following describes the seven - year

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