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Die Nationalleif AG, a German company, and Klinsmann Inc, an American company, enter into a currency swap (dollars for Euros) with the following conditions, notional

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Die Nationalleif AG, a German company, and Klinsmann Inc, an American company, enter into a currency swap (dollars for Euros) with the following conditions, notional amount $500, 000 for six year, the current Dollar/Euro exchange rate is $1.13, and the dollar interest rate is 3.25% while the Euro interest rate is 1.50%. After three years, the two parties decide to unwind their swap the prevailing Dollar/Euro exchange rate has changed to $1 09, the dollar interest rate is 4.50% white the Euro interest rate is 2.25%. What is the settlement amount which is paid to unwind the swap and to whom does it flow to? Show all calculations, don't skip steps. Die Nationalleif AG, a German company, and Klinsmann Inc, an American company, enter into a currency swap (dollars for Euros) with the following conditions, notional amount $500, 000 for six year, the current Dollar/Euro exchange rate is $1.13, and the dollar interest rate is 3.25% while the Euro interest rate is 1.50%. After three years, the two parties decide to unwind their swap the prevailing Dollar/Euro exchange rate has changed to $1 09, the dollar interest rate is 4.50% white the Euro interest rate is 2.25%. What is the settlement amount which is paid to unwind the swap and to whom does it flow to? Show all calculations, don't skip steps

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