NO.PZ2018113001000059
问题如下：
Which of the following statements is incorrect regarding the cross-currency basis swap？
选项：
A.
There is one exchange rate specified in the swap that is used to determine the notional principals in the two currencies, exchanged at inception and at maturity.
B.
In a cross- currency basis swap, the goals of the transaction are to achieve favorable funding rates
C.
The principal in the swap is exchanged only at the inception.
解释：
C is correct.
cross-currency basis swap中规定了一个汇率，这个汇率用于互换开始时和到期时计算交换的名义本金，所以该货币互换在期初和期末都需要交换本金，A表述正确，C表述错误。
使用cross-currency basis swap可以降低融资利率，B正确。
a和b分别是什么意思
