A swap contract ------ be resold, which is especially meaningful for the----- surrounded by swaps?
a. cannot, speculator
b. can, hedger
c. can, speculator
d. cannot, hedger
I believe b. is the answer
Answers:
I believe that (c) is the answer. A swap can be unwound, which is central to someone who is looking to create money on interim souk swings, i.e., a speculator. (Hedgers tend to hold to old age and don't want intermediate liquidity as much.)
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b. can, hedger
c. can, speculator
d. cannot, hedger
I believe b. is the answer
Answers:
I believe that (c) is the answer. A swap can be unwound, which is central to someone who is looking to create money on interim souk swings, i.e., a speculator. (Hedgers tend to hold to old age and don't want intermediate liquidity as much.)