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Which of the following is true for a currency swap? A. A currency swap can be used to exchange an investment in one currency for

Which of the following is true for a currency swap?

A.

A currency swap can be used to exchange an investment in one currency for an investment in another currency
B.

All the choices
C.

The periodic cash flows throughout a currency swap are not netted as they are in the interest rate swap
D.

A currency swap can be used to exchange borrowing in one currency for borrowings in another currency

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