Question: Consider the following fixed-for-fixed currency swap in U.S. dollars and Swiss francs. The notional principals are CHF76,824,000 and USD72,000,000, and the CHF rate is

made quarterly, and the current exchange rate is CHF1.0670/USD. What are the interest payments each period? a. USD1,485,000;

Consider the following fixed-for-fixed currency swap in U.S. dollars and Swiss francs. The notional principals are CHF76,824,000 and USD72,000,000, and the CHF rate is 7.50% while the USD rate is 8.25%. Payments are made quarterly, and the current exchange rate is CHF1.0670/USD. What are the interest payments each period? Oa. USD1,485,000; CHF1,485,000 O b. USD1,485,000; CHF1,440,450 O c. USD1,440,450; CHF1,485,000 O d. USD1,584,495; CHF5,400,000 Oe. USD1,350,000; CHF1,584,495

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