Question: Check my work Suppose the U.S. yield curve is flat at 3% and the euro yleld curve is flat at 4%. The current exchange rate

Check my work Suppose the U.S. yield curve is flat at

Check my work Suppose the U.S. yield curve is flat at 3% and the euro yleld curve is flat at 4%. The current exchange rate is $1.35 per euro. What will be the swap rate on an agreement to exchange currency over a 3-year period? The swap will call for the exchange of 2.1 million euros for a given number of dollars in each year. (Do not round Intermediate calculations. Enter your answer in millions rounded to 4 decimal places.) 10 points Skipped Swap rate million per year eBook

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