Multiple Choice
currency swap is equivalent to a
A) currency option, with the exercise price equal to the current spot rate
B) long-dated forward foreign exchange contract, where the forward rate is the current spot rate.
C) interest rate swap, where the basis is the differential between the fixed and floating interest rates
D) short-term currency futures contract
Correct Answer:

Verified
Correct Answer:
Verified
Q1: theoretical principal underlying the swap is termed
Q3: a _ swap, one party pays a
Q4: the world capital market were fully integrated,
Q6: _ swap is an agreement between two
Q8: The following statement is to be used
Q8: Suppose a U.S.corporation wants to secure fixed-rate
Q10: _ future is a cash-settled futures contract
Q15: Suppose a bank charges .8% to arrange
Q17: _ is a cash-settled,over-the-counter forward contract that
Q21: a currency swap,the effective interest rate on