Question: A cross currency interest rate swap involves: two fixed interest rates on two currencies two floating interest rates on two currencies a fixed interest rate

A cross currency interest rate swap involves:

  1. two fixed interest rates on two currencies
  2. two floating interest rates on two currencies
  3. a fixed interest rate on one currency and a floating interest rate on another currency
  4. two fixed or floating interest rates on two currencies, neither of which is the U.S dollar.

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