Define an interest rate swap and briefly describe the, Financial Accounting

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Define an interest rate swap and briefly describe the

Several Investment Committee members have asked about interest rate swap agreements and how they are used in the management of domestic fixed-income portfolios.

Define an interest rate swap, and briefly describe the obligation of each party involved.
Cite and explain two examples of how interest rate swaps could be used by a fixed- income portfolio manager to control risk or improve return.

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Financial Accounting: Define an interest rate swap and briefly describe the

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Financial Accounting: Define an interest rate swap and briefly describe the

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