If you want to hedge a caplet using a zero coupon bond of maturity (T ), what is the hedge ratio that you should use ...

The hedge ratio is given by expression 2523 Result ...

If you want to hedge a caplet using a zero-coupon bond of maturity (T + ), what

Question:

If you want to hedge a caplet using a zero-coupon bond of (T + δ), what is the hedge ratio that you should use?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...