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Business, 19.03.2020 02:50 YannahRussell

The risk-free yield curve is flat at 6% per annum compounded continuously. What is the value of an FRA where the holder receives LIBOR at the rate of 9% per annum (with semi-annual compounding) for a six-month period on a principal of $1,000 starting in two years

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The risk-free yield curve is flat at 6% per annum compounded continuously. What is the value of an F...

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