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please give in dept explaination on how to solve You entered into a currency swap to pay 5% fixed on $100 million versus receiving 3%
please give in dept explaination on how to solve You entered into a currency swap to pay 5% fixed on $100 million versus receiving 3% fixed on 14 billion on a semi- annual basis. Today USD LIBOR/swap rates are 6% (semi-annual comp) and Japanese LIBOR/swap rates are 2.5% (semi-annual comp). The Swap will last for 2 more years and the current exchange rate is 140 yen per dollar. Calculate the value of the currency swap
please give in dept explaination on how to solve
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