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Consider the following fixed-for-fixed currency swap in Swiss francs and U.S. dollars. The notional principals are USD73,245,000 and CHF64,250,000, and the USD rate is 7.75%

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Consider the following fixed-for-fixed currency swap in Swiss francs and U.S. dollars. The notional principals are USD73,245,000 and CHF64,250,000, and the USD rate is 7.75% while the CHF rate is 9.50%. Payments are made monthly, and the current exchange rate is USD1.1400/CHF. What are the interest payments each period? a. CHF579,856; USD4,979,375 b. CHF508,646; USD473,041 c. CHF473,041; USD508,646 d. CHF508,646; USD508,646 e. CHF414,948; USD579,856

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