Question 9 1.5 pts Consider Figure 3 Receive floating volatility during A to t1 t2 Selected period A Pay fixed volatility during A Fixed volatility and nominal value of the contract decide here Figure 3 represents a volatility swap, where at to you decide the fixed volatility and nominal value of the contract and at t2 you exchange volatilities, receive floating and pay fixed. The floating volatility fluctuates on a daily basis and you will receive an average of the accumulated volatility computed in the period you established. What is the approximate volatility you will receive? O (a) The average volatility accumulated between to and .tz. O (b) The average volatility accumulated between t and t2. O (c) The average volatility accumulated between to and .t2 0 (d) None of the above