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(b) Ezra International and Zawadi Corporation enters into 4 years currency swap of GBP 2 million to finance a project in each other's country of

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(b) Ezra International and Zawadi Corporation enters into 4 years currency swap of GBP 2 million to finance a project in each other's country of the same size. Below are the details of the swap: Ezra Zawadi Country Interest rate United Kingdom 4.2 percent Kenya 5.5 percent Spot exchange rate GBP / KES = 150.70

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