Explain how to construct a swap using a floating-rate bond and a fixed- rate bond.

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An Introduction to Derivative Securities Financial Markets and Risk Management

ISBN: 978-0393913071

1st edition

Authors: Robert A. Jarrow, Arkadev Chatterjee

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Question Posted: Dec 02, 2015 04:01 AM

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Explain how to construct a swap using a floating-rate bond and a fixed- rate bond.

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Suppose we are given a swap receive fixed pay floating To syn...View the full answer

An Introduction to Derivative Securities Financial Markets and Risk Management

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