单选题
编号:2692288
1. Which of the following statements about interest rate swaps and currency swaps is least accurate?
- A.A plain-vanilla interest rate swap involves trading fixed interest rate payments for floating-rate payments.
- B.A fixed-for-floating currency swap involves trading floating-rate interest payments on one currency for fixed-rate interest payments on another currency.
- C.In a currency swap,the net difference between the notional principal amounts is exchanged at the beginning and termination of the swap.Full interest rate payments are exchanged on each settlement date.