Question: 1. Libor stands for - 2. Interest rate swap is used to adjust the sensitivity of an asset or liability. Describe a typical example of

 1. Libor stands for - 2. Interest rate swap is used

1. Libor stands for - 2. Interest rate swap is used to adjust the sensitivity of an asset or liability. Describe a typical example of interest rate floor and cap on a variable rate loan. 3. 4. Define the term "financial hedge

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