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Coca-Cola is considering entering into a currency swap involving $14 million of U.S. debt for an equivalent amount of euro debt. Assuming the swap matures
- Coca-Cola is considering entering into a currency swap involving $14 million of U.S. debt for an equivalent amount of euro debt. Assuming the swap matures in 10 years, the interest rate on Pfizer's outstanding 8-year dollar debt is 8% (paid semi-annually), the interest rate on the euro debt is 6 percent (paid semi-annually), and the current spot exchange rate is $1.24/
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Introductory Econometrics For Finance
Authors: Chris Brooks
2nd Edition
052169468X, 9780521694681
