If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what

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If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what other explanations exist to explain the rapid development of the interest rate swap market?

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International Financial Management

ISBN: 978-0078034657

6th Edition

Authors: Cheol S. Eun, Bruce G.Resnick

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Question Posted: Mar 13, 2012 06:10 AM

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If the cost advantage of interest rate swaps would likely be arbitraged away in competitive markets, what

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International Financial Management

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