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A US company enters into a currency swap in which pays a fixed rate o in euros and the counterparty pays a fixed rate of

A US company enters into a currency swap in which pays a fixed rate o in euros and the counterparty pays a fixed rate of in dollars. The notional principals are and million. Payments are made semi-annually and on the basis of 30 days per month and 360 days per year.

Calculate the semi-annual payments that the US company receives from its counterparty.

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