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4.0073%. The bank is committed to paying 4%, therefore the value of the FRA at the end of year 3 = (4.0073% - 4%) * $10m = $732.90. But this is the value at the end of year 3, and needs to be discounted to the present using the 3 year zero rate. Therefore the value of the FRA is $732.90/(1.03 latest exam torrents are written to the highest standards of technical accuracy provided by our certified subject matter experts. With the 2) - 1 =
4.0073%. The bank is committed to paying 4%, therefore the value of the FRA at the end of year 3 = (4.0073% - 4%) * $10m = $732.90. But this is the value at the end of year 3, and needs to be discounted to the present using the 3 year zero rate. Therefore the value of the FRA is $732.90/(1.03 sure pass dumps, you will pass your exam easily at first attempt. You can enjoy one year free update after purchase of 2) - 1 =
4.0073%. The bank is committed to paying 4%, therefore the value of the FRA at the end of year 3 = (4.0073% - 4%) * $10m = $732.90. But this is the value at the end of year 3, and needs to be discounted to the present using the 3 year zero rate. Therefore the value of the FRA is $732.90/(1.03 free download torrent.">
Exam Code: 2) - 1 =
4.0073%. The bank is committed to paying 4%, therefore the value of the FRA at the end of year 3 = (4.0073% - 4%) * $10m = $732.90. But this is the value at the end of year 3, and needs to be discounted to the present using the 3 year zero rate. Therefore the value of the FRA is $732.90/(1.03
Exam Name: 3) = $670.70.
NEW QUESTION: 4
HOTSPOT - (Topic 5)
Answer:
Explanation:
Version: V13.25
Q & A: 72 Questions and Answers
2) - 1 =
4.0073%. The bank is committed to paying 4%, therefore the value of the FRA at the end of year 3 = (4.0073% - 4%) * $10m = $732.90. But this is the value at the end of year 3, and needs to be discounted to the present using the 3 year zero rate. Therefore the value of the FRA is $732.90/(1.03 Free Demo download
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NEW QUESTION: 1
DRAG DROP
A company uses Skype for Business Online. The company uses the Lync 2013 client. The company plans to migrate users to the Skype for Business client.
The company does not want to use the Skype for Business user interface. In addition, it does not want the first launch interface to give users any options to choose from.
You need to upgrade the users' computers.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Select and Place:
Answer:
Explanation:
Explanation/Reference:
Explanation:
References:
https://technet.microsoft.com/en-us/library/dn954919(v=ocs.15).aspx
NEW QUESTION: 2
A. true true
B. false true
C. true false
D. false false
Answer: D
NEW QUESTION: 3
The zero rates for 1, 2 and 3 years respectively are 2%, 2.5% and 3% compounded annually. What is the value of an FRA to a bank which will pay 4% on a principal of $10m in year 3?
A. $670.70
B. $732.90
C. None of the above
D. $800.25
Answer: A
Explanation:
Explanation
In this case, we need to determine the value today of an FRA where the bank has to pay 4% from year 2 to 3 in exchange for the then prevailing LIBOR. We do this by using the forward rate from year 2 to 3, and comparing it to the fixed rate. The forward rate is determined from the zero rates as =(1.03
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