What is the contribution to the asset base of the following items under the Basel III requirements?  $4 million five-year interest rate swap with no current exposure. $6 million two-year currency swap with $500,000 current exposure.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter7: International Arbitrage And Interest Rate Parity
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What is the contribution to the asset base of the following items under the Basel III requirements? 

  1. $4 million five-year interest rate swap with no current exposure.
  2. $6 million two-year currency swap with $500,000 current exposure.
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