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A currency swap created on dollars and euros 6 months ago had a 3-year maturity. The dollar principal is $1.8 million, and the euro principal

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A currency swap created on dollars and euros 6 months ago had a 3-year maturity. The dollar principal is $1.8 million, and the euro principal is 1.6 million. The promised dollar interest rate is 2%, and the promised euro interest rate is 1%. The payments are made semiannually. The following tables present the prices of dollar-and euro-bonds with various maturities and coupons: Dollar-Denominated Bonds Euro-Denominated Bonds What is the current value of the swap for the dollar payer if the exchange rate is now $1.20/ and the payments have already been made? Present your answer in USD and round up to the second decimal places, e.g. 1234.56. A currency swap created on dollars and euros 6 months ago had a 3-year maturity. The dollar principal is $1.8 million, and the euro principal is 1.6 million. The promised dollar interest rate is 2%, and the promised euro interest rate is 1%. The payments are made semiannually. The following tables present the prices of dollar-and euro-bonds with various maturities and coupons: Dollar-Denominated Bonds Euro-Denominated Bonds What is the current value of the swap for the dollar payer if the exchange rate is now $1.20/ and the payments have already been made? Present your answer in USD and round up to the second decimal places, e.g. 1234.56

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