Question
How could a U.S. firm with expenses related to ongoing purchases from a U.K. supplier, and denominated in British pounds, use a foreign currency swap
How could a U.S. firm with expenses related to ongoing purchases from a U.K. supplier, and denominated in British pounds, use a foreign currency swap to reduce their foreign exchange risk?
Answer: Enter into a swap in which the U.S. firm receives _________ and pays _________-_
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
