D) Two years ago you signed a 100-M-USD seven-year seml-annual Currency Swap paying Fixed GBP at 6%. In this special swap you receive USD fixed-rate USD at 4%. The exchange rate when you signed the swap was 1.3 USD/GBP. You can use 100 USD as the size of the Swap. You do not need the swap anymore, so you would like to close it. Would you pay or recelve, and how much to close the swap? Give your answer In USD. The USD IR swap rate applies to the USD cash flows. These are market conditions when you want to close the swap: Current Currency Swap Rates Five-year GBP Swap Quote Four-year GBP Swap Quote Three-year GBP Swap Quote Current Interest Rate Swap Rates (LR.) Five-year USD I.R. Swap Quote Four-year USD 1.R. Swap Quote Three-year USD I.R. Swap Quote Current Exchange Rate CURRENT EXCHANGE RATE 1.2 USD/GBP 1) What is the value of the USD-side of the swap (the sign Indicates whether you have an asset (+) or liability (-)? II) What is the value of the GBP-side of the swap In GBP's (the sign indicates whether you have an asset (+) or liability (-)? III) What is the value of the GBP side in USD? IV) What is the value of the swap for you? O 1) +USD 104.6111; 11) +GBP 73.7244; II) +USD 88.4693; IV) -USD 16.1418 O O O None of the above. )-USD 104.6111; II) +GBP 73.7244; II) +USD 88.4693; IV) -USD 16.1418 1) +USD 104.6111; II) -GBP 73.7244; III) USD 88.4693; IV)+USD 16.1418 O 1)+USD 100.000; 11) -GBP 73.7244; III) USD 98.4693; IV) +USD 2.1418 D) Two years ago you signed a 100-M-USD seven-year seml-annual Currency Swap paying Fixed GBP at 6%. In this special swap you receive USD fixed-rate USD at 4%. The exchange rate when you signed the swap was 1.3 USD/GBP. You can use 100 USD as the size of the Swap. You do not need the swap anymore, so you would like to close it. Would you pay or recelve, and how much to close the swap? Give your answer In USD. The USD IR swap rate applies to the USD cash flows. These are market conditions when you want to close the swap: Current Currency Swap Rates Five-year GBP Swap Quote Four-year GBP Swap Quote Three-year GBP Swap Quote Current Interest Rate Swap Rates (LR.) Five-year USD I.R. Swap Quote Four-year USD 1.R. Swap Quote Three-year USD I.R. Swap Quote Current Exchange Rate CURRENT EXCHANGE RATE 1.2 USD/GBP 1) What is the value of the USD-side of the swap (the sign Indicates whether you have an asset (+) or liability (-)? II) What is the value of the GBP-side of the swap In GBP's (the sign indicates whether you have an asset (+) or liability (-)? III) What is the value of the GBP side in USD? IV) What is the value of the swap for you? O 1) +USD 104.6111; 11) +GBP 73.7244; II) +USD 88.4693; IV) -USD 16.1418 O O O None of the above. )-USD 104.6111; II) +GBP 73.7244; II) +USD 88.4693; IV) -USD 16.1418 1) +USD 104.6111; II) -GBP 73.7244; III) USD 88.4693; IV)+USD 16.1418 O 1)+USD 100.000; 11) -GBP 73.7244; III) USD 98.4693; IV) +USD 2.1418
