Suppose a firm issues debt and then enters into one or more swaps where the...
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Finance
Suppose a firm issues debt and then enters into one or more swaps where the firm makes floating dollar payments in exchange for fixed dollar receipts. The firms most likely motive for entering into the swap is to
A. Transform LT -denominated debt into ST $-denominated debt
B. Transform LT $-denominated debt into ST $-denominated debt
C. Transform ST $-denominated debt into LT $-denominated debt
D. Transform LT $-denominated debt into LT -denominated debt
E. Transform LT $-denominated debt into ST -denominated debt
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