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A $100 million interest rate swap has a remaining life of 10 months. Under the terms of the swap, six-month BBSW is exchanged for 7%

A $100 million interest rate swap has a remaining life of 10 months. Under the terms of the swap, six-month BBSW is exchanged for 7% per annum fixed (compounding semi-annually). The average of the bid...

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