Which of the Following Statements About the Notional Amount of a Currency

question 122

Multiple Choice

Which of the following statements about the notional amount of a currency swap is correct?

• A) The notional amount is exchanged both when the swap is entered into and when the swap has matured
• B) The notional amount is exchanged when the swap is entered into
• C) The notional amount is exchanged when the swap has matured
• D) The notional amount is never exchanged