Question 3b ii
Marking Guide
(ii) Exchange rates 2
Correct translation of amounts swapped 1
Correct translation of other amounts 1
Net present value 1
Gain in € from the swap of the initial fee amount 1
Comments 2–3
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8
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(ii) Exchange rates 2
Correct translation of amounts swapped 1
Correct translation of other amounts 1
Net present value 1
Gain in € from the swap of the initial fee amount 1
Comments 2–3
––––
8
––––