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J C  Inc  makes annual EUR payments of 8% on a notional of EUR 45,000

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J C  Inc  makes annual EUR payments of 8% on a notional of EUR 45,000. J.C. Inc. receives annual USD payments of 7% on a notional of USD 50,000. Assume that the USD and EUR interest rates are rUSD =4% and rEUR =6%. The swap currently has 4 years until it matures. The next cash flow exchange will occur one year from today. If the current USD/EUR spot rate (at time of valuation) is XNUSD/EUR = 1.15 what is the value of this currency swap for J.C. Inc.?

A. Positive USD 108.45

B. Positive USD 564.78

C. Negative USD 564.78

D. Negative USD 108.45