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Notional = $20,000,000 Fixed Rate (receive side) = 2.1% Floating Rate (pay side) = 6ML + 0% ( = 0.25%) Pays semi-annually (both sides) 10-years
- Notional = $20,000,000
- Fixed Rate (receive side) = 2.1%
- Floating Rate (pay side) = 6ML + 0% ( = 0.25%)
- Pays semi-annually (both sides)
- 10-years to Maturity What is the net duration of the swap above?
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Fundamental Accounting Principles Volume I
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
978-1260305821
