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24-86 the Transaction Each Year Consists of

Question 86

Multiple Choice

24-86 The transaction each year consists of


A) Bank USA swaps a payment of $5 million per year for Bank Dresdner's payment of €7.5 million to make interest payments on each other's debt.
B) Bank USA swaps a payment of €6 million per year for Bank Dresdner's payment of $4 million to make interest payments on each other's debt.
C) Bank USA swaps a payment of $6 million per year for Bank Dresdner's payment of €6 million to make interest payments on each other's debt.
D) Bank USA swaps a payment of €6 million per year for Bank Dresdner's payment of $6 million to make interest payments on each other's debt.
E) Bank USA swaps a payment of $4 million per year for Bank Dresdner's payment of €4 million to make interest payments on each other's debt.

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