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A firm can swap floating dollar payment for floating euro receipts by doing both #1 and #2 (combined) below: #1. Pays dollar LIBOR and receives
A firm can swap floating dollar payment for floating euro receipts by doing both #1 and #2 (combined) below:
#1. Pays dollar LIBOR and receives a fixed amount of euros
#2. Pays a fixed amount in euros and receives euro LBOR
A. Ture
B. False
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