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A U . S . firm borrowed euros at a variable rate several years ago, but now euro interest rates are rising along with the

A U.S. firm borrowed euros at a variable rate several years ago, but now euro interest rates are rising along with the $/euro exchange rate. To limit their risk, the firm could use a currency swap with a set exchange rate where the U.S. firm will pay what and receive what? Be specific and indicate currency of payment and receipt and whether each side of the swap is at a fixed or variable interest rate.

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