Cross-Currency Swaps Do NOT Involve

question 72

Multiple Choice

Cross-currency swaps do NOT involve:

• A)The exchange of principal at the start of the loan.
• B)The exchange of fixed local currency interest payments for floating foreign currency interest payments.
• C)A fixed exchange rate for the swap's term.
• D)The exchange of floating local currency interest payments for floating foreign currency interest payments.
• E)The exchange of principal at the end of the loan.

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Definitions:

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