Suppose that you are fixed payer on a $80M-notional plain-vanilla 4-year interest-rate swap with rate c=3%. In
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Question:
You took all these positions today, and they settle every 6 months, starting with a first settlement 6 months from now.
What is your net cashflow in 6 months if the current 6-month interest rate is r=2.2%?
Related Book For
International Financial Management
ISBN: 978-0078034657
6th Edition
Authors: Cheol S. Eun, Bruce G.Resnick
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