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Continuously compounded LIBOR spot rates per annum for 18- and 24-months are 1.76% and 1.92%. What is the 6-month forward rate 18 months from now?
Continuously compounded LIBOR spot rates per annum for 18- and 24-months are 1.76% and 1.92%. What is the 6-month forward rate 18 months from now?
| A. | 2.24% | |
| B. | 1.84% | |
| C. | 2.40% | |
| D. | 3.24% |
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
3rd Edition
0073382426, 9780073382425
