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WP Part 1 of 15 O Points: 0 of 4 Save Ganado's Cross-Currency Swap: SFr for US$. Ganado Corporation entered into a 3-year cross-currency interest

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WP Part 1 of 15 O Points: 0 of 4 Save Ganado's Cross-Currency Swap: SFr for US$. Ganado Corporation entered into a 3-year cross-currency interest rate swap to receive U.S. dollars and pay Swiss francs. Ganado, however, decided to unwind the swap after one year-thereby having two years left on the settlement costs of unwinding the swap after one year Repeat the calculations for unwinding, but assume that the following rates now apply: The notional principat in Swins francs is SFr. (Round to the nearest Swiss franc) Data Table (Click on the icon to import the table into a spreadsheet.) Assumptioms Values Swap Rates National principal $9,000,000 Original: US dollar Original spot rate (SFr/S) 1.5000 Original: Swiss franc New (1-year later) spot (SFt/S) 1.5560 New fixed US$ interest 5.20% New fixed Swiss franc interest 2. 20% 3-Year Bid 5.56% 1.93% 3-Year Ask 5.59% 2.01%

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