currency swaps - notional value

i saw this in schweser practice exam book 1… is this in the CFA/schweser material??

It sure is.

Divide FC payment by foreign rate to get foreign NP, exchange at the spot rate to get domestic NP (or vice versa) and multiply by the domestic rate and you’ve got everything.

Yeah, at least for me, I was thankful that this wasn’t too crazy. I think the swaps material in L3 is a bit easier than the L2 valuation material.

We still have to value swaps though :frowning: