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You are given the following spot rates: Time Spot Rate 0.25 2.2% 0.50 2.8% 0.75 3.1% 1.0 3.7% Consider a one-year interest rate swap with
You are given the following spot rates:
Time | Spot Rate |
0.25 | 2.2% |
0.50 | 2.8% |
0.75 | 3.1% |
1.0 | 3.7% |
Consider a one-year interest rate swap with a notional value of 3000. Determine the swap interest rate per quarter.
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