million. lult swap Wlth dealer. The notional principle of the P 130 13 Payments will be made on the basis of 90/360 (90 days in the settlement period and 360 days per year) The company will receive a fixed rate of 4.5% and pay Euribor. The current Euribor is 4%. Determine which party pays who h payment. and what amount in the upcoming 2. Currency swap (9 points) Dell Corp. enters into a currency swap with a dealer in which it pays a fixed rate in euros, and the dealer pays a fixed rate in U.S. dollars. The notional principals are $385 million and 350 million (equivalent in value at the current exchange rate of $1. I pereuro.) The fixed rates are 4% in dollars and 3.8% in euros. The swap specifies that the two parties exchange the notional principal at the start and at the end of the swap. Payments are made semiannually on the basis of 180/360. A. Determine the initial exchange of cash that ocurs at the start of the swap B. Determine the semiannual payments C. Determine the final exchange of cash that occurs at the end of the swap