Question: What do swaps and forwards have in common? A. They are both only used to hedge short-term ( < 12 mths) exposures. B. They are

What do swaps and forwards have in common?

A.

They are both only used to hedge short-term (< 12 mths) exposures.

B.

They are both OTC (Over The Counter) products.

C.

They are both used solely to hedge interest rate risk.

D.

They both offer standardised terms and conditions.

E.

They are both exchange traded products.

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