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7. Was P&G's 1994 German mark swap an interest rate swap or a cross-currency swap? Explain. Summarize what went wrong and caused P&G to lose such large amounts on its interest rate swaps. 9. Present arguments why BT should have been required to give P&G its pricing model. Then present arguments to the contrary. 7. Was P&G's 1994 German mark swap an interest rate swap or a cross-currency swap? Explain. Summarize what went wrong and caused P&G to lose such large amounts on its interest rate swaps. 9. Present arguments why BT should have been required to give P&G its pricing model. Then present arguments to the contrary