Consider the following fixed-for-fixed currency swaps in Swiss francs and Canadian dollars. The notional principals are CAD58,198,500 and CHF60,750,000, and the CAD rate is 8.25% p.a. while the CHF rate is 7.00% p.a.. Payments are made quarterly, and the current exchange rate is CAD0.9580/CHF. What are the interest payments each period?

Select one:

a. CHF1,252,969; CAD1,018,474

b. CHF1,200,344; CAD1,063,125

c. CHF1,063,125; CAD1,063,125

d. CHF1,018,474; CAD5,011,875

e. CHF1,063,125; CAD1,200,344