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Which of the following statements about debt is least accurate? A. To create synthetic dual currency debt, the portfolio manager can issue domestic debt and enter into a fixed-for-fixed currency swap where notional principal is swapped at origination. B. To create synthetic callable debt from existing noncallable debt, the portfolio manager can enter into a receiver's swaption. C. The all-in-cost is another way of saying "the internal rate of return of a financing alternative." |