Question: Please show step by step answer The present value of the series of dollar payments in a currency swap per $1 notional amount is $0.03.

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The present value of the series of dollar payments in a currency swap per $1 notional amount is $0.03. The present value of the series of curo payments in the same currency swap per C1 is C0.0225. The current exchange rate is $1.05 per euro. If the swap has a notional amount of $100 million and 105 million, find the market value of the swup from the perspective of the parly paying euros and receiving dollars. a. $519.375 b. -S2,480,625 $3,000,000 $3,000,000 -S519.375 d e
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