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    Business
  3. Study Set
    Multinational Finance Study Set 1
  4. Exam
    Exam 15: Interest Rate and Currency Swaps
  5. Question
    Which of the Following Is NOT True
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Which of the Following Is NOT True

Question 3

Question 3

Multiple Choice

Which of the following is NOT true?


A) A plain vanilla swap allows a firm to change the currency of denomination of debt service.
B) A swap does not change the legal liabilities of existing debt obligations of MNEs.
C) The swap market does not differentiate participants on the basis of credit quality.
D) All of the above are true.

Correct Answer:

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