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4. Consider a currency swap for $10 million and SF 15 million.One party pays dollars at a fixed rate of 9%, and the other pays
4. Consider a currency swap for $10 million and SF 15 million.One party pays dollars at a fixed rate of 9%, and the other pays Swiss francs at a fixed rate of 8 percent.The payments are made semiannually based on the exact day count and 360 days in a year. The current period has and 181 days.Calculate the next payment each party makes.
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