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We have a three month forward rate agreement with underlying 90 day labour starting on January one in a non-leap year so notational amount is
We have a three month forward rate agreement with underlying 90 day labour starting on January one in a non-leap year so notational amount is 50 million the labour structure is as follows 90 daily or 3%, 180 daily or 3.25% calculate the fixed rate on an FRE for a BNC
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
