= Homework: ... Question 3, Problem 8-1... Part 1 of 15 HW Score: 3.3%, 0.43 of 13 points O Points: 0 of 3 Save Ganado's Cross-Currency Swap: SFr for US$. Ganado Corporation entered into a 3-year cross-currency interest rate swap to receive U.S. 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: 6 The notional principal in Swiss francs is SFL Cash flow received in the first year is Cash flow received in the second year is Cash flow received in the third year (Round to the nearest Swiss franc.) Present value of the cash flow from the second year is Present value of the cash flow from the third year is Cumulative present value of the remaining cash flows Present value of the cash flow from the second year is Present value of the cash flow from the third year is Cumulative present value of the remaining cash flows is Conversion from Swiss francs to dollars of the cash outflow is The settlement is Cash flow paid out in the first year is Cash flow paid out in the second year Cash flow paid out in the third year Data table U (Click on the icon to import the table into a spreadsheet.) Assumptioms Values Swap Rates Notional principal $9,000,000 Original: US dollar Original spot rate (SFr/$) 1.5000 Original: Swiss franc New (1-year later) spot (SFr/$) 1.5560 New fixed US$ interest 5.20% New fixed Swiss franc interest 2.25% 3-Year Bid 5.56% 1.93% 3-Year Ask 5.59% 2.01% Check