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Six months ago, a firm contracted a 6x9 FRA, at a rate of F4(0,0.5,0, 75) = 2%, with settlement in 6 months, to hedge a

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Six months ago, a firm contracted a 6x9 FRA, at a rate of F4(0,0.5,0, 75) = 2%, with settlement in 6 months, to hedge a future 3- ( , month financing of 1 M$. = Six months have passed and the settlement date of the FRA is today. The 3-month LIBOR is at 2.50%. What is the effective rate at which the firm will borrow? Enter your answer with two decimals, in percentage points, without percentage sign. Six months ago, a firm contracted a 6x9 FRA, at a rate of F4(0,0.5,0, 75) = 2%, with settlement in 6 months, to hedge a future 3- ( , month financing of 1 M$. = Six months have passed and the settlement date of the FRA is today. The 3-month LIBOR is at 2.50%. What is the effective rate at which the firm will borrow? Enter your answer with two decimals, in percentage points, without percentage sign

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