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20) Interest rate swaps involve the exchange of ________. A) actual fixed-rate bonds for actual floating-rate...

20) Interest rate swaps involve the exchange of ________.

A) actual fixed-rate bonds for actual floating-rate bonds

B) actual floating-rate bonds for actual fixed-rate bonds

C) net interest payments and an actual principal swap

D) net interest payments based on notional principal, but no exchange of principal

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