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(Choose 1 answer)
(25021) Find the upcoming payment interest payments in a currency swap in which party A pays U. S.dollars at a fixed rate of 5 percent on notional amount of $50 million and party B pays Swiss francs at a fixed rate of 4 percent on notional amount of SF35 million. Payments are annual under the assumption of 360 days in a year
A. party A pays $2,500,000, and party B pays SF1,400,000
B. party A pays SF1,400,000, and party B pays $2,500,000
C. party A pays SF1,750,000, and party B pays SF1,400,000
D. party A pays $2,500,000, and party B pays $2,000,000
E. party A pays $50 million, and party B pays SF35 million
2: 2