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Quotes of the day:
Reality is the crutch for people who can\'t cope with drugs.
An interest rate option is a financial derivative that allows the holder to benefit from changes in interest rates. Investors can speculate on the direction of interest rates with interest rate options. It is similar to an equity option and can be either a put or a call. Interest rate options are option contracts on the rate of bonds like U.S. Treasury securities.
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