It can help in transforming asset or liabilities and can give you extra gains.
Interest Rate SWAP Derivative is part of Financial Markets and Products in FRM level 1. Also, SWAPS is in derivatives subject of CFA Level 1 and CFA Level 2.
FRM Level 1 swaps and cfa level 2 swaps are almost same. So, this video solves both exam purpose.
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Pravin Khetan
Investment and Finance Coach
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