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Q 1 4 Which one of the following ctatements is correct about the sets of cash plows that are involved in a currency swap between

Q14
Which one of the following ctatements is correct about the sets of cash plows that are involved in a currency swap between the two parties?
(a) Initiation of swap - actual exchange of principal (cash) denominated in different currencies.
During the life of the swap-periodic interest . payments that are paid in pull without netting.
Termination of swap - return of principal
(b) Initiation of swap-actual exchange of principal (cash) denominated in the same currencies.
buring the life of the swap-periodic interest payments that are paid in full without netting
(c) Initiation of swap - actual exchange of principal (Cash) denominated in different currencies.
buring the life of the swap-periodic interest payments where the parties pay the net amount.
Termination of swap - return of the principal
d) Initiation of swap-Actual exchange of principel (cash) denominated in the same currencies
During the life of the swap-periodic interest payments where the parties pay the net amount.
Termination of swap - return of the principal
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