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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