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Assume that: -The spot rates for 6 months, 1 year, and 2 years are ?????(0.5) = 8% , ?????(1) = 9%, and ?????(2) = 10%
Assume that: -The spot rates for 6 months, 1 year, and 2 years are ?????(0.5) = 8% , ?????(1) = 9%, and ?????(2) = 10% respectively; -The forward rate for 18 months is ????(1.5) = 8.4% -The price o...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
