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Ganado's Cross - Currency Swap: SFr for US$ . Ganado Corporation entered into a 3 - year cross - currency interest rate swap to receive
Ganado's CrossCurrency Swap: SFr for US$ Ganado Corporation entered into a year crosscurrency interest
rate swap to receive US dollars and pay Swiss francs. Ganado, however, decided to unwind the swap after one
yearthereby having two years left on the settlement costs of unwinding the swap after one year. Repeat the
calculations for unwinding, but assume that the following rates now apply:
The notional principal in Swiss francs is SFr Round to the nearest Swiss franc.
In the first year of the swap, Ganado will receive $ Round to the nearest dollar.
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