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In an interest-only currency swap Group of answer choices A-the counterparties must raise the actual notational principal in their home markets; then exchange it for

In an interest-only currency swap

Group of answer choices

A-the counterparties must raise the actual notational principal in their home markets; then exchange it for the foreign currency they desire. They must also hedge with forward contracts on the currency. Additionally, the counterparties periodically exchange the amortized portions of the notational principals.

B-the counterparties periodically exchange the amortized portions of the notational principals.

C-the counterparties must raise the actual notational principal in their home markets; then exchange it for the foreign currency they desire. They must also hedge with forward contracts on the currency.

D-none of the options

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