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Based on the following forward rates, what is the fixed interest rate for a 3-year interest rate swap with a level notional amount? (All rates
Based on the following forward rates, what is the fixed interest rate for a 3-year interest rate swap with a level notional amount? (All rates are expressed as annual effective rates.) 110.1 = 0.03200 f|1:21 = 0.04202 f|2,3 ) = 0.04603 A) 0.0363 B) 0.0398 C) 0.0418 D) 0.0436 E) 0.0456
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