1. Which of the following cannot be considered as a plain vanilla swap?
-currency swap
-a fixed for floating swap
-the most common swap
-an exchange of fixed-coupon bond with a floating-rate-coupon bond
-a floating for fixed swap
2. A hypothetical Futures contract on a non-dividend paying stock with current price $90 has a maturity of two and a half years. If the T-bill rate is 4% what should the futures price be?
$99.272
$89.354
$101.466
$97.365
$93.461