$\begin{array}{lcc}
&\text { Canadian interest rate }&\text {french interest rate }\
& \text { on CS loans } & \text { on euro loans } \
\text { Canadian firm } & 5 \% & 5.5 \% \mathrm{a} \
\text { Freneh firm } & 6 \% & 5.5 \%
\end{array}$
The Canadian firm wants to borrow in euros and the French firm wants to borrow in Canadian dollars.
-Which firms will benefit from a currency swap?
A) Neither firm.
B) The Canadian firm only.
C) Both firms.
D) Need more information.

Question

$\begin{array}{lcc} 
&\text { Canadian interest rate }&\text {french interest rate }\
& \text { on CS loans } & \text { on euro loans } \
\text { Canadian firm } & 5 \% & 5.5 \% \mathrm{a} \
\text { Freneh firm } & 6 \% & 5.5 \%
\end{array}$
The Canadian firm wants to borrow in euros and the French firm wants to borrow in Canadian dollars.
-Which firms will benefit from a currency swap?
A) Neither firm.
B) The Canadian firm only.
C) Both firms.
D) Need more information.

Quizplus · Accepted Answer

The Answer of $\begin{array}{lcc} 
&\text { Canadian interest rate }&\text {french interest rate }\
& \text { on CS loans } & \text { on euro loans } \
\text { Canadian firm } & 5 \% & 5.5 \% \mathrm{a} \
\text { Freneh firm } & 6 \% & 5.5 \%
\end{array}$
The Canadian firm wants to borrow in euros and the French firm wants to borrow in Canadian dollars.
-Which firms will benefit from a currency swap?
A) Neither firm.
B) The Canadian firm only.
C) Both firms.
D) Need more information.

The Canadian Firm Wants to Borrow in Euros and the }