what all we need to know in swaps?

I am going through swaps chapter and some concepts are really throwing me off. Can some one tell what all I need to know in this chapter so I can selectively read/mug :frowning: that part?

I wouldn’t call myself a genius or anything but I’m almost positive the LOS will tell you what you need to know for the test. Yes the chapters contain a lot of crap, so try and narrow it so you can exactly answer what the LOS is looking for, or explain what it wants.

You have to know how to price and value an interest rate swap, equity swap, and currency swap. No excuses come test day.