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2) - 1 =<br/>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 real exams

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. false true
B. false false
C. true false
D. true true
Answer: B

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. $732.90
B. $800.25
C. None of the above
D. $670.70
Answer: D
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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Disclaimer Policy: The site does not guarantee the content of the comments. Because of the different time and the changes in the scope of the exam, it can produce different effect. Before you purchase the dump, please carefully read the product introduction from the page. In addition, please be advised the site will not be responsible for the content of the comments and contradictions between users.

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