A swap occurs when ________. a. A company exchanges obligations with another company to make specified payment
Question:
A swap occurs when ________.
a. A company exchanges obligations with another company to make specified payment streams
b. A company purchases commodities from a company in another country, exposing it to both commodity and currency risk
c. A company chooses a local supplier over an international supplier to avoid currency exposure
d. A company chooses a foreign supplier so that its commodity risk will be offset by its currency risk
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