Question: Some fixed-rate CMBS securitizations may include floating-rate tranches, an apparent contradiction. This conversion is accomplished by means of a(n) a) Credit default swap b) Interest
Some fixed-rate CMBS securitizations may include floating-rate tranches, an apparent contradiction. This conversion is accomplished by means of a(n)
a) Credit default swap
b) Interest rate cap
c) Interest rate swap
d) Floating rate option
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