Question
Suppose that a commoditys forward prices for 1 year, 2 years, and 3 years are$143, $149, and $174 respectively. The 1-year effective annual interest rate
Suppose that a commoditys forward prices for 1 year, 2 years, and 3 years are$143, $149, and $174 respectively. The 1-year effective annual interest rate is 6.1% the 2-year interest rate is 5.6%, and the 3-year interest rate is 5.3%. What is the 3-year swap price?
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
