How can one use an interest rate swap to change a fixed rate loan into a floating

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How can one use an interest rate swap to change a fixed rate loan into a floating rate loan?

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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 03:10 AM

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How can one use an interest rate swap to change a fixed rate loan into a floating

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Suppose a company has a fixed rate loan on which it pays 5 percent per yea...View the full answer

An Introduction to Derivative Securities Financial Markets and Risk Management

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