Question 46 (2 points) Metcalfe Inc. signs a cross-currency floating-to-floating swap with Mansfield Inc. The swap has 1 year to maturity and payments are made quarterly. Metcalfe pays USD at the 3-month LIBOR and Mansfield pays CAD at the 3-month CDOR. The principal of the swap is 100,000 USD and the current USD-CAD spot exchange rate is 1.30. The following table shows the periodically compounded 3-month LIBOR and 3-month CDOR over the next 1 year. Which of the following statements is/are correct? Year 0 (today) 0.25 0.50 0.75 1.00 3-month LIBOR rate 1.50% 1.60% 1.62% 1.58% 1.54% 3-month CDOR rate 1.60% 1.65% 1.66% 1.63% 1.60% In 3 months, Metcalfe pays 375 USD and Mansfield pays 520 CAD. There is no payment between the two companies initially when the swap starts. In 3 months, Metcalfe pays 400 USD and Mansfield pays 536.25 CAD. In 1 year, Metcalfe pays 100,395 USD and Mansfield pays 130,529.75 CAD