微信扫一扫
实时资讯全掌握
|
A pay-floating counterparty in a plain-vanilla interest-rate swap also holds a long position in a fixed-rate bond. If the maturity of the bond and swap are both two years, the duration of the position will be: A. zero. B. greater than the duration of the bond alone. C. less than the duration of the bond but greater than zero. |