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Ganado Corporation entered into a three - year cross currency interest rate swap to receive U . S . dollars and pay Swiss francs. Ganado,
Ganado Corporation entered into a threeyear cross currency interest rate swap to receive US dollars and pay Swiss francs. Ganado, however, decided to unwind the swap after one year thereby having two years left on the settlement costs of unwinding the swap after one year. Assume that the following rates apply:
tableAssumptionsValues,Swap Rates, year bid,year askNotional principal,$Original: US dollar,
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