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1 year swap with semi-annual payments. 180-day LIBOR is 9% while 360-day LIBOR is 10%. What is the swap rate ? Please calculate and explain
1 year swap with semi-annual payments. 180-day LIBOR is 9% while 360-day LIBOR is 10%. What is the swap rate ? Please calculate and explain how to go about this question. Its from my course, derivatives
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