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We have learnt in class a type of financing instruments in that two international firms can exchange long term debt issued in one currency for
We have learnt in class a type of financing instruments in that two international firms can exchange long term debt issued in one currency for the service commitment on a certain principal amount of debt issued in another currency. Such instrument is known as A. a currency swap B. an interest rate swap C. a floating-rate bond D. a fixed-rate bond
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