Question: In an interest rate swap between a fixed rate payer and a floating rate payer, the fixed rate payer: a) Has a comparative advantage in

In an interest rate swap between a fixed rate payer and a floating rate payer, the fixed rate payer:

a) Has a comparative advantage in fixed rate loans

b) Has a comparative advantage in floating rate loans

c) Receives fixed rate cash flows from the counterparty

d) Receives floating rate cash flows from the party that has a comparative advantage in floating rate loans

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