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17. A swap bank quotes 5.40 5.70 for the euro. This means the swap bank will A) Receive 5.40% semi-annual fixed payments against paying six-month

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17. A swap bank quotes 5.40 5.70 for the euro. This means the swap bank will A) Receive 5.40% semi-annual fixed payments against paying six-month LIBOR B) Receive 5.70% semi-annual fixed payments against paying six- month LIBOR C) Pay 5.70% semi-annual fixed payments against receiving six-month LIBOR D) Both (A) and (C)

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