Which of the following is true about interest rate swaps (IRS):

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answerhappygod
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Which of the following is true about interest rate swaps (IRS):

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Which of the following is true about interest rate swaps (IRS):

A. Both parties know what their future payments will be at the outset of the swap
B. There is payment of principal at maturity
C. Payments are always made gross
D. The fixed rate payer knows what his future payments will be at the outset of the swap
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