Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
A zero-coupon swap involves the exchange of cash flows where the fixed-rate side pays a lump sum at maturity. Learn its key ...
A version of this article appeared in the October 2006 issue of Harvard Business Review. Harvard Business Publishing: Copyright ©2026 Harvard Business School ...