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P3 A COMPANY ASKED A BANK TO ARRANGE A SWAP IN WHICH IT RECEIVES FLOATING RATE ON AUSTRALIAN DOLLARS AND PAYS FIXED ON STERLING. THE
P3 A COMPANY ASKED A BANK TO ARRANGE A SWAP IN WHICH IT RECEIVES FLOATING RATE ON AUSTRALIAN DOLLARS AND PAYS FIXED ON STERLING. THE BANK AVOIDS TAKING ON ANY CURRENCY RISK. COULD THE BANK ACCOMMODATE THE COMPANY'S REQUEST? JUSTIFY YOUR
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