A basic interest rate swap is priced as a zero net present value transaction. Explain what this
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Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...
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The fixedrate quoted in the swap rates is the rate that when ...View the full answer
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