Question
A company is entering into a plain vanilla interest swap with notional amount of $50,000. The swap is settled every 180 days and expires in
A company is entering into a plain vanilla interest swap with notional amount of $50,000. The swap is settled every 180 days and expires in 2 years. The spot 180-day rate is currently 3.5%. What is the value of the swap's floating arm rate?
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
