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suppose that a company enters into a FRA that is designed to ensure it will pay fixed rate of 4.2% on a principal of 82$
suppose that a company enters into a FRA that is designed to ensure it will pay fixed rate of 4.2% on a principal of 82$ million for a six month period starting in 10 years. if the six month LIBOR proves to be 6.4% for the 6 months period. what would be the cash flow to the company at 10 years?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
