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Consider a currency swap for $10mm and SF 15mm. One party pays dollars at a fixed rate of 9%, the other pays /Swiss francs at
| Consider a currency swap for $10mm and SF 15mm. One party pays dollars at a fixed rate of 9%, the other pays /Swiss francs at a fixed rate of 8%. | |||||||
| The payments are made semiannually based on the exact day count and 360 days in a year. The current period has 181 days. Calculate the next payment each party makes. | |||||||
| Dollar payment: | |||||||
| Swiss franc payment: |
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Public Personnel Administration And Labor Relations
Authors: Norma M Riccucci
1st Edition
1317461754, 9781317461753
