Why might a company become involved in an interest rate swap contract to receive fixed interest payments

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Why might a company become involved in an interest rate swap contract to receive fixed interest payments and pay variable?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Feb 18, 2011 12:26 AM

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Why might a company become involved in an interest rate swap contract to receive fixed interest payments

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This is likely a setting where the company is hedging the fair ...View the full answer

Intermediate Accounting

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