Question: A swap transaction _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

A swap transaction ______________________
Group of answer choices
can be considered as a way to borrow another currency on a fully collaterized basis.
gives the buyer the right, but not the obligation, to buy the underlying currency at a pre-specified price.
gives the seller the right, but not the obligation, to buy the underlying currency at a pre-specified price.
is priced only in the euro (EUR)

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