Question
1. An EUR 100 million 7-year interest rate swap has mid-market quote of 1.88% against Euribor. The fixed rate is paid semi-annually. The bid/offer spread
1.An EUR 100 million 7-year interest rate swap has mid-market quote of 1.88% against Euribor. The fixed rate is paid semi-annually. The bid/offer spread is two basis points p.a. In price terms, the cost of this bid/offer spread is closestto:
A.EUR130,000
B.EUR130,600
C.EUR260,000
D.EUR261,200
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Analysis and Design of Analog Integrated Circuits
Authors: Paul R. Gray, Paul J. Hurst Stephen H. Lewis, Robert G. Meyer
5th edition
1111827052, 1285401107, 9781285401102 , 978-0470245996
