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There is a foreign currency swap involving the and LIBOR $ . If a firm buys the foreign currency swap and then sells a U.S.

There is a foreign currency swap involving the and LIBOR$. If a firm buys the foreign currency swap and then sells a U.S. dollar interest rate swap, the firms most likely motive for entering into these swaps is to

Transform ST $-denominated debt into LT $-denominated debt

Transform ST $-denominated debt into LT -denominated debt

Transform ST $-denominated debt into ST -denominated debt

Transform LT $-denominated debt into ST $-denominated debt

Transform LT $-denominated debt into LT -denominated debt

Transform LT $-denominated debt into ST -denominated debt

Transform ST -denominated debt into LT -denominated debt

Transform ST -denominated debt into LT $-denominated debt

Transform ST -denominated debt into ST $-denominated debt

Transform LT -denominated debt into ST -denominated debt

Transform LT -denominated debt into LT $-denominated debt

Transform LT -denominated debt into ST $-denominated debt

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