Hey guys/gals,
Question on Swaps if anyone has mastered this.
Required reading #37, question #4 discusses the overpayment of a swap. The overpayment increases $0.952 x 1.070024.
I understand this conceptually, but what are the numbers used to arrive at the 1.070024?
Thanks and good luck studying!作者: Fdez 时间: 2013-4-2 13:48
(1+r2)^2 / (1+r1)
r2 and r1 are provided…
standard methodology of finding the 1f2, 2f3 and so on we learned on Level I作者: NakedPuts00 时间: 2013-4-2 13:48
indifference function : you are indifferent between buying and holding for 2 years , or buying for 1 year and rolling over another year作者: cfa10yrplan 时间: 2013-4-2 13:49
