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Please answer parts A, B, and C A swap bank quotes the following pricing schedule for a Polish zloty coupon (interest rate) swap. Coupon Swap

Please answer parts A, B, and C image text in transcribed
A swap bank quotes the following pricing schedule for a Polish zloty coupon (interest rate) swap. Coupon Swap Pricing Schedule (Polish zloty) Maturity Bank Pays Fixed Rate Bank Receives Fixed Rate Current TN Rate 4 years 4 yr TN sa + 24bps 4 yr TN sa + 78bps 7.98% This schedule assumes no amortizing debt and semiannual rates (sa). Quotes are against 6-month LIBOR Polish zloty flat. TN = Polish Treasury Note rate, Ford Motor Company has 4-year floating rate zloty debt at 6-month LIBOR plus 45 bps. Ford wants to swap into fixed rate zloty debt. Describe Ford's floating-for-fixed zloty coupon swap. Polish Motors (PM) has 4-ycar fixed rate zloty debt at 9.83 percent (BUY). PM wants to swap into floating rate zlotys. Describe PM's fixed-for-floating zloty coupon swap. What does the swap bank gain from these transactions

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