Assume you are a floating rate borrower. Circle the position you would take in each of the following instruments to protect yourself against a rise in LIBOR rates: (you will circle one position for each type of derivative, i.e. whether you would Pay or Receive on a swap). Position (circle one for each derivative) a. Swaps b. FRA c. EuroDollar Futures d. IR Option e. IR Options f. Swaption PAY LONG LONG Call Cap Payer RECEIVE SHORT SHORT Put Floor Receiver