Looking at the solution, I see a mysterious 4.68% for the FRA, though we just calculated it as 4.28%. Is this a typo or am I missing something? Thanks!
That is correct, I remember doing that question, I believe they gave the FRA rate as 4.68% or something like that. I can remember the implied forward rate being less than the FRA rate so if u locked in at the FRA rate you would lose
Could someone please look at that question again? the answer makes no sense. the calculated FRA rate is 4.29, and its provided in the the answer to number 9.
but then, they compare the 180 spot of 4.48 to a 4.68 which appears out of nowhere.
bastards!
发表于 2013-4-1 13:16
| 
