Show that the price of a swap is the same as the price of a cap minus

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Show that the price of a swap is the same as the price of a cap minus the price of a floor.

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An Introduction to the Mathematics of Financial Derivatives

ISBN: 978-0123846822

3rd edition

Authors: Ali Hirsa, Salih N. Neftci

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Question Posted: Apr 29, 2016 03:45 PM

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Show that the price of a swap is the same as the price of a cap minus

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The price of a cap can be written as Similarly the pri...View the full answer

An Introduction to the Mathematics of Financial Derivatives

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