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    International Financial Management Study Set 1
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    Exam 18: Long-Term Debt Financing
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    Currency Swaps, Whereby Two Parties Exchange Currencies at a Specified
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Currency Swaps, Whereby Two Parties Exchange Currencies at a Specified

Question 33

Question 33

True/False

Currency swaps, whereby two parties exchange currencies at a specified point in time for a specified price, are oFten used by MNCs to hedge against interest rate risk.

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