2 Why do banks quote mainly even-dated forward rates, for example, 1-month rates and 3-month rates, rather

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2 Why do banks quote mainly even-dated forward rates, for example, 1-month rates and 3-month rates, rather than uneven-dated rates? How would you prorate the rates of uneven-dated maturities?

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International Finance

ISBN: 9780070374812

4th Edition

Authors: Maurice D. Levi

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