10) You entered into a swap where you pay euros and receive dollars. The notional amount...
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10) You entered into a swap where you pay euros and receive dollars. The notional amount in dollars is $1,100,000 and in euros it is €1,000,000. The fixed rate in dollars is 7% and the fixed rate in euros is 5%. You will make semiannual payments for one year with the first payment a half year from now. 90 days after the swap was initiated the new exchange rate is $1.13/€. The new rates are listed below. Calculate the new value of this swap. Round to 4 decimals Term $ € 90 7.10% 5% 270 7.50% 5.20%. 10) You entered into a swap where you pay euros and receive dollars. The notional amount in dollars is $1,100,000 and in euros it is €1,000,000. The fixed rate in dollars is 7% and the fixed rate in euros is 5%. You will make semiannual payments for one year with the first payment a half year from now. 90 days after the swap was initiated the new exchange rate is $1.13/€. The new rates are listed below. Calculate the new value of this swap. Round to 4 decimals Term $ € 90 7.10% 5% 270 7.50% 5.20%.
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