Which of the Following Is True

question 11

Multiple Choice

Which of the following is true?

• A) Principals are not usually exchanged in a currency swap
• B) The principal amounts usually flow in the opposite direction to interest payments at the beginning of a currency swap and in the same direction as interest payments at the end of the swap.
• C) The principal amounts usually flow in the same direction as interest payments at the beginning of a currency swap and in the opposite direction to interest payments at the end of the swap.
• D) Principals are not usually specified in a currency swap

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Definitions:

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