Blank: long foward on the foreign currencym, expiring each month, with each on a national of 1,000,000 FC/short foward on the foreign currencym, expiring each month, with each on a national of 1,000,000 FC/a long forward contract on national of 6,000,000, that expires at the end of the swap/a short forward contract on national of 6,000,000, that expires at the end of the swap

Question 6 6 pts Bank ABC entered a 6-month FX swap, through which they were buying 1,000,000 units of foreign currency (FC) per month at the fixed swap rate of 1.2423 USD/FC, and receiving USD based on the same notional given the floating exchange rate. To hedge the entire swap transaction, the bank should enter Select]