A Currency Swap Is an Agreement in Which

A currency swap is an agreement in which

A) One currency is exchanged for another at a future date.
B) Principal and interest payments in one currency are exchanged for principal and interest payments in another currency.
C) An equity holding in a foreign currency is exchanged for one in the domestic currency at a future date.
D) The return on an equity holding in a foreign currency is exchanged for the return on the domestic equity index.