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A company is entering into a swap to receive Yen and pay USD over the...

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Accounting

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A company is entering into a swap to receive Yen and pay USD over the next 3 years. Payments will be made annually. Calculate the value of the swap using the following information: USD Principal: $12,000,000 Yen Principal: 1,400,000,000 USD Interest Rate: 3.0% Yen Interest Rate: 2.5% USD Swap Rate: 4.5% Yen Swap Rate: 4.0% Current Exchange Rate: 1 Dollar = 120 Yen = A company is entering into a swap to receive Yen and pay USD over the next 3 years. Payments will be made annually. Calculate the value of the swap using the following information: USD Principal: $12,000,000 Yen Principal: 1,400,000,000 USD Interest Rate: 3.0% Yen Interest Rate: 2.5% USD Swap Rate: 4.5% Yen Swap Rate: 4.0% Current Exchange Rate: 1 Dollar = 120 Yen =

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