Ignoring credit risk, is the swap rate on a T-year swap the same par- bond yield on
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Yes One just needs to look at the definitions Using Result 221 the swap rate i is computed ...View the full answer
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Related Book For 
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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