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Given a 1 year spot rate of 4.9% a 2 year spot rate of 5.7% a 3 year spot rate of 5.4% and a 4
Given a 1 year spot rate of 4.9% a 2 year spot rate of 5.7% a 3 year spot rate of 5.4% and a 4 year spot rate of 5.1%. Determine the At-Par Yield Rate (i.e. the value of the interest rate swap).
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
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