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Calculate the value today in Great British Pounds to the party paying pounds of an 8 - year old swap with 2 years remaining maturity.
Calculate the value today in Great British Pounds to the party paying pounds of an year old swap with years remaining maturity.
At initiation of the swap, spot exchange rates were S$ $ S$ $ and S
The swap calls for exchanging interest only on m at percent for m at percent. SEMIANNUAL payments. The most recent payment was yesterday.
Todays exchange rates are S$ $ and S$ $
The current AAA rates are i$ i and i
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