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85
Which of the following is a use of a currency swap?
A.To exchange an investment in one currency for an investment in another currency
B.To exchange borrowing in one currency for borrowings in another currency
C.To take advantage situations where the tax rates in two countries are different
D.All of the above
A.To exchange an investment in one currency for an investment in another currency
B.To exchange borrowing in one currency for borrowings in another currency
C.To take advantage situations where the tax rates in two countries are different
D.All of the above
Answer: D
A currency swap can be used for any of A, B, and C.
A currency swap can be used for any of A, B, and C.
Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015