For a Currency Swap with $10 Million Notional Amount,the Notional

Multiple Choice

For a currency swap with $10 million notional amount,the notional amount in British pounds if the exchange rate is $1.55 is (approximately)

A) ₤11.55 million
B) ₤15.5 million
C) ₤10 million
D) ₤6.45 million
E) none of the above