Based on the examples in the text, come up with an argument as to why plain vanilla

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Based on the examples in the text, come up with an argument as to why plain vanilla interest rate swaps do not exchange principal, while a plain vanilla currency swap does.

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An Introduction to Derivative Securities Financial Markets and Risk Management

ISBN: 978-0393913071

1st edition

Authors: Robert A. Jarrow, Arkadev Chatterjee

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Question Posted: Dec 02, 2015 04:00 AM

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Based on the examples in the text, come up with an argument as to why plain vanilla

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Plain vanilla interest rate swaps are just an exchange of fixed for floating rate payments ...View the full answer

An Introduction to Derivative Securities Financial Markets and Risk Management

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