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A U.S. company (firm XYZ) enters into a currency swap in which it pays a fixed rate of 6.0 percent on a notional principal of

A U.S. company (firm XYZ) enters into a currency swap in which it pays a fixed rate of 6.0 percent on a notional principal of 90 million, while a dealer pays a fixed rate of 6.5 percent a notional principal of $100 million, with semiannual payments based on 30 day months and 360 days per year for both parties; the parties exchange notional principals at the beginning of the swap period. The multiple semiannual payments from firm XYZ to the dealer would be:

2,475,000

2,700,000

2,925,000

3,150,000

3,375,000

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