In an Interest-Only Currency Swap

question 76

Multiple Choice

In an interest-only currency swap

• A)the counterparties must raise the actual notational principal in their home markets; then exchange it for the foreign currency they desire. The must also hedge with forward contracts on the currency.
• B)the counterparties periodically exchange the amortized portions of the notational principals.
• C)both a and b
• D)none of the above

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Definitions:

Oncologist

A medical doctor specializing in the diagnosis and treatment of cancer, often involved in chemotherapy, radiation, and other therapies.

Nephrologist

A specialist who studies, diagnoses, and manages diseases of the kidney.

American College of Physicians

A professional organization for internal medicine physicians, dedicated to improving patient care, education, and public health.

American Medical Association

A professional group representing the interests of physicians and healthcare professionals in the United States, advocating for public health and the advancement of the medical profession.