A currency swaps allows a multinational corporation to change the ________.
A) currency of denomination of its debts
B) forward rate on contracts it secures to hedge exchange rate risk
C) principal and interest rate on its debt
D) nature of its debt from a fixed interest rate to a floating interest rate
Correct Answer:
Verified
Q1: Most parallel loans include a _ clause
Q2: If the world capital market were fully
Q5: The nature of swap contracts is usually
Q6: The _ is the conceptual principal amount
Q7: What is the name of the clause
Q8: A currency swap is most similar in
Q9: A(n)_ allows a multinational corporation to change
Q10: In a(n)_ swap,one party pays a fixed
Q11: In a(n)_ swap,one party pays a fixed
Q13: A currency swap is equivalent to a
A)currency
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