What do you understand by swap, Financial Management

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Question 1

Swap is an agreement among two or more parties to exchange sets of cash flows over a period in future and What do you understand by swap? Describe its features, kinds of swap and various types of interest rates swap

Question 2

International credit markets are the forum where companies as well as governments can obtain credit. Bring out your knowledege on international credit markets and describe the two very important aspects of international credit market. Refer and give one example

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