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Determine the rate on a 6x9 FRA The current 6-month LIBOR rate is 1.36% and the 9-month LIBOR rate is 1.58%. Use a day count

Determine the rate on a 6x9 FRA

The current 6-month LIBOR rate is 1.36% and the 9-month LIBOR rate is 1.58%. Use a day count of 182 for the 6-month period and of 91 for the three-month period after that.

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