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24-05-2024
Business

Answered

In a cross-currency interest rate swap or currency swap
a. All of the options
b. One party agrees to pay its own debt service obligations to the other party
c. Both parties agree to pay their own debt service obligations on each other's currency
d. one counterparty exchanges the debt service obligations of a bond denominated in one currency for the debt service obligations of the other counterparty that are denominated in another currency

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