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Which one of the following formulae is correct?
A. Long a straight bond + pay fixed on a swap = long a synthetic Floating Rate Note
B. Short a straight bond + receive fixed on a swap = long a synthetic Floating Rate Note
C. Long a straight bond + pay floating on a swap = long a synthetic Floating Rate Note
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Answer: A
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NEW QUESTION: 3
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Was tun?
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501.
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