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Which of the following is not required to determine a swaption payoff at expiration? Select one: 1. the exercise rate 2. the term structure of
Which of the following is not required to determine a swaption payoff at expiration? Select one: 1. the exercise rate 2. the term structure of zero coupon rates at the swaption expiration 3. the maturity of the underlying swap 4. the yield on a bond of equivalent maturity as the swap 5. none of the above
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