Question: please provide step by step explanation about how to do this problem. Question 1 0 / 10 pts Calculate the value today in Great British
please provide step by step explanation about how to do this problem.
Question 1 0 / 10 pts Calculate the value today in Great British Pounds to the party paying pounds of an 8- year old swap with 2 years remaining maturity. At initiation of the swap, spot exchange rates were So($/) = $1.16/, S.($/) = $1.45/, and Sol/) = 1.25/. The swap calls for exchanging interest only on 10m at 5.04 percent for 8.Om at 4 percent. SEMIANNUAL payments. The most recent payment was yesterday. Today's exchange rates are so($/) = $1.25/ and So($/) = $1.50/. The current AAA rates are is = 3.5%, i = 5.0%, and ie = 7.1% Select the answer closest to yours. Correct Answer 168,516.08 You Answered 202,219.30 -168,516.08 -202,219.30 615,219.80 Question 1 0 / 10 pts Calculate the value today in Great British Pounds to the party paying pounds of an 8- year old swap with 2 years remaining maturity. At initiation of the swap, spot exchange rates were So($/) = $1.16/, S.($/) = $1.45/, and Sol/) = 1.25/. The swap calls for exchanging interest only on 10m at 5.04 percent for 8.Om at 4 percent. SEMIANNUAL payments. The most recent payment was yesterday. Today's exchange rates are so($/) = $1.25/ and So($/) = $1.50/. The current AAA rates are is = 3.5%, i = 5.0%, and ie = 7.1% Select the answer closest to yours. Correct Answer 168,516.08 You Answered 202,219.30 -168,516.08 -202,219.30 615,219.80
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