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Suppose the US. yield curve is flat at 5% and the euro yield curve is...

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Accounting

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Suppose the US. yield curve is flat at 5% and the euro yield curve is flat at 3%. The current exchange rate is $1.3 per euro. You want to exchange 13 milion euros for a given number of dollars in each of the next 3 years. If the exchange of currencies were structured as three separate forward contracts, the forward prices would be: (Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places.) Yeart Year 2 Year 3 million per year million per year million per year What will be the swap rate on an agreement to exchange currency over a 3-year period? The swap will call for the exchange of 1.3 million euros for a given number of dollars in each year. (Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places.) Swap roto million per year

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