A USBank Agrees to a Swap of Making Fixed-Rate Interest Payments

question 13

Multiple Choice

A U.S.bank agrees to a swap of making fixed-rate interest payments of $12 million to a UK bank in exchange for floating-rate payments of LIBOR + 4 percent in British pounds for a notional amount of £100 million.The current exchange rate is $1.50/£.The interest payments will be exchanged at the end of the year at the prevailing rates. What is the nominal payment paid or received by the U.S.bank over the three year period?

• A)The U.S.bank received $2 million over the three year period.
• B)The U.S.bank received $1 million over the three year period.
• C)The U.S.bank paid $0 over the 3 year period.
• D)The U.S.bank paid $1 million over the three period.
• E)The U.S.bank paid $2 million over the three period.

Distinguish between Allport’s perspective and Freud's psychoanalytic theory.

Understand the development of personality traits and the significance of central traits.

Grasp the importance of functional autonomy in the continuity of personality.

Recognize the role of conscious plans and intentions in understanding present behavior.

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Definitions:

Intracellular Fluid

The fluid located within the cells, making up about 40% of the body's total water content.

Hypokalemia

A medical condition characterized by lower than normal levels of potassium in the bloodstream.

Prolonged Vomiting

A condition of continuous or recurrent emesis over an extended period, which may lead to dehydration and electrolyte imbalances.

Stomach Contents

The mixture of ingested food, digestive enzymes, and acids found within the stomach.