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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
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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 swapperiodic interest payments that are paid in pull without netting.
Termination of swap return of principal
b Initiation of swapactual exchange of principal cash denominated in the same currencies.
buring the life of the swapperiodic 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 swapperiodic interest payments where the parties pay the net amount.
Termination of swap return of the principal
d Initiation of swapActual exchange of principel cash denominated in the same currencies
During the life of the swapperiodic interest payments where the parties pay the net amount.
Termination of swap return of the principal
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