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Calculate the price of a 1 4 FRA (i.e., a 90-day loan, 30 days from now). The current 30-day LIBOR is 4% and 120-day LIBOR
Calculate the price of a 1 4 FRA (i.e., a 90-day loan, 30 days from now). The current 30-day LIBOR is 4% and 120-day LIBOR is 5%.
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