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. The following discount factors are observed : Tenor in Years Discount Factor 1 .9804 2 .9495 3 .9210 4 .8841 What is the approximate
. The following discount factors are observed:
Tenor in Years | Discount Factor |
1 | .9804 |
2 | .9495 |
3 | .9210 |
4 | .8841 |
What is the approximate fixed rate on a four-year plain-vanilla interest rate swap?
- 1.525%
- 2.75%
- 3.10%
- 2.15%
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