Question: Suppose the U.S. yield curve is flat at 4% and the euro yield curve is flat at 2%. The current exchange rate is $1.20 per

 Suppose the U.S. yield curve is flat at 4% and the

Suppose the U.S. yield curve is flat at 4% and the euro yield curve is flat at 2%. The current exchange rate is $1.20 per euro. What cash flows will be exchanged on a 4 -year foreign exchange swap with notional principal of 110 million euros (or equivalently, at current exchange rates, $132 million)? Note: Do not round intermediate calculations. Enter your answer in dollars not millions rounded to the nearest dollar value

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