Question
In a currency swap, assume bonds are sold at par and that the swap bank does not charge commission. Why does the time length of
In a currency swap, assume bonds are sold at par and that the swap bank does not charge commission.
Why does the time length of the swap not matter with regard to price?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
