Question

(float)thing[I]. quantity*thing[I].price
explain this please​

Answer 1

Answer:

In a swap contract, the floating price is the leg that depends on the level of a variable, such as an interest rate, currency exchange rate, or price of an asset. The party paying the floating rate expects that rate to decline over the life of the swap.

Answer 2

Explanation:

hlo mate here's your answer

What Is a Floating Price?

In a swap contract, the floating price is the leg that depends on the level of a variable, such as an interest rate, currency exchange rate, or price of an asset. Most swaps involve a floating and a fixed leg, although it is possible for both legs to be floating.

The party paying the floating rate expects that rate to decline over the life of the swap.

Understanding Floating Price

A swap is an agreement between two parties to exchange sequences of cash flows for a set period of time. Usually, at the time of contract initiation, at least one of these series of cash flows is determined by a random or uncertain variable, such as an interest rate, foreign exchange rate, equity price or commodity price.

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