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Please see question below: 5 (Foreign currency swap pricing) The term structure in both the euros and US dollars is at and the continuously compounded

Please see question below:

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5 (Foreign currency swap pricing) The term structure in both the euros and US dollars is at and the continuously compounded risk-free rates are rm = 6% and rm! = 4% . You are interested in entering into a nee-year currency swap in which each year you pay 3% per year in euros. The principal amormts in the two crn'rencies are 10 million emos and $15 million. The current exchange rate is 0.6600 EURIUSD. (a) 1What is the market USD coupon rate for this swap? (b) Six months after entering into this swap, the market exchange rate becomes 0.64 EURHJSD. What is the value of the swap contract to you? What is the value of the swap contract to the counterparty of the swap

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