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A swap dealer is quoting the following prices for USD 10-year interest rate swaps: Bid: 4.55% Offer: 4.57% Mid 4.56% A client wants to pay
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A swap dealer is quoting the following prices for USD 10-year interest rate swaps:
Bid: 4.55% Offer: 4.57% Mid 4.56%
A client wants to pay the fixed rate in the swap. The client is likely to receive a quote from the dealer of
4.57%
4.56%
4.55%
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