8. The swap rate is determined by finding the rate that will make the present value of...
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8. The swap rate is determined by finding the rate that will make the present value of the cash flow of both sides of the swap equal.
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Measuring And Controlling Interest Rate And Credit Risk
ISBN: 9780471268062
2nd Edition
Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry
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