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Question 3 Not yet answered Marked out of 3.00 p Flag question The primary reason for a counterparty to use a currency swap is [3

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Question 3 Not yet answered Marked out of 3.00 p Flag question The primary reason for a counterparty to use a currency swap is [3 marks) Select one a. to obtain debt financing in the swapped currency at an interest cost reduction brought about through comparative advantages each counterparty has in its national capital market, and the benefit of hedging long- run exchange rate exposure. o b. to play in the futures and forward markets. c. to hedge and to speculate. O d. to hedge and to speculate, as well as to play in the futures and forward markets. Clear my choice

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