If the Exchange Rate Alters During the Lifetime of a Cross-Currency

Multiple Choice

If the exchange rate alters during the lifetime of a cross-currency swap,this:

A) has no impact as all FX risk has been eliminated.
B) will impact only on the interest payments during the swap's lifetime.
C) will impact only when the principal amounts are re-exchanged at maturity.
D) will impact on both interest payments and principal repayments.