Question
PLEASE SHOW FULL WORKING The 1-year LIBOR rate is 6.4% with quarterly compounding. The 3-month forward rate, calculated from a Eurodollar futures contract that matures
PLEASE SHOW FULL WORKING
The 1-year LIBOR rate is 6.4% with quarterly compounding.
The 3-month forward rate, calculated from a Eurodollar futures contract that matures in 15 months, is 8.0% with continuous compounding.
To two decimal places, an estimate of the 15-month LIBOR rate, with quarterly compounding, is________
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Liars Poker Rising Through The Wreckage On Wall Street
Authors: Michael Lewis
1st Edition
0393246108,0393247147
