currency swap is most similar in economic purpose to a
A)basis swap
B) parent company loan
C) debt-equity swap
D) parallel loan

Name: currency swap is most similar in economic purpose to a A)basis swap B) parent company loan C) debt-equity swap D) parallel loan
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Question

currency swap is most similar in economic purpose to a 
A)basis swap
B) parent company loan
C) debt-equity swap
D) parallel loan

Quizplus · Accepted Answer

A currency swap and a parallel loan both involve exchanging cash flows in different currencies, serving similar economic purposes of managing currency risk and financing needs.

Currency Swap Is Most Similar in Economic Purpose to a