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Sampdoria entered into an equity swap with Juventus. Sampdoria pays the return on the S&P 500 while Juventus pays the return on FTSE 100. The

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Sampdoria entered into an equity swap with Juventus. Sampdoria pays the return on the S&P 500 while Juventus pays the return on FTSE 100. The S&P 500 starts at 1500 and reaches 1600 at the end of the period. FTSE 100 starts at 3500 and reaches 3300 at the end of the period. The notional principal is $25 million. What is the approximate net payment on this equity swap? O Juventus pays about $238,000 Sampdoria pays about $238,000 O Juventus pays about $3.095 million O Sampdoria pays about $3.095 million

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