Question: please show all working out Question 2 1 / 1 pts You are about to sign an interest swap to pay fixed and receive floating.
please show all working out
Question 2 1 / 1 pts You are about to sign an interest swap to pay fixed and receive floating. The quote is 4.5-4.7% against LIBOR flat. The principal is 100,000. What is the value of the swap? (please use a fixed rate to discount the cash flows.) Round to the nearest US cent (2 decimal places). Question 2 1 / 1 pts You are about to sign an interest swap to pay fixed and receive floating. The quote is 4.5-4.7% against LIBOR flat. The principal is 100,000. What is the value of the swap? (please use a fixed rate to discount the cash flows.) Round to the nearest US cent (2 decimal places)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
