[Verse 1] When interest rates start climbing high Your floating rate debt makes you cry But caps are expensive, floors pay less There's got to be a way out of this mess A collar combines both sides of the trade Buy protection while getting paid [Chorus] Collar up, collar down Buy a cap, sell a floor Keep your rates safe and sound Without breaking down the door Cap plus floor equals collar Smart protection for every dollar Balance risk with what you pay Collars keep the fears away [Verse 2] You buy a cap at five percent Protects you when rates are bent You sell a floor at two percent Collect premium, lower your rent The floor you sold helps fund the cap Closing that expensive gap [Chorus] Collar up, collar down Buy a cap, sell a floor Keep your rates safe and sound Without breaking down the door Cap plus floor equals collar Smart protection for every dollar Balance risk with what you pay Collars keep the fears away [Bridge] Zero cost collar when premiums match Perfect hedge without the catch But if rates fall below your floor You pay more than you did before Risk and reward in balance stand Collar strategy, well planned [Verse 3] Three to seven percent range Your collar keeps rates arranged Below three you pay the floor Above seven, cap saves you more In between you float along Collar strategy keeps you strong [Chorus] Collar up, collar down Buy a cap, sell a floor Keep your rates safe and sound Without breaking down the door Cap plus floor equals collar Smart protection for every dollar Balance risk with what you pay Collars keep the fears away [Outro] When premium costs are too high to bear Collar strategies show you care Buy and sell to find your way Smart protection every day
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