In an interest rate swap, a financial institution pays 10% per annum and receives three-month LIBOR in return on a notional principal of $100 million with payments being exchanged every three months. The swap has a remaining life of 14 months. The average of the bid and offer fixed rates currently being swapped for three-month LIBOR is 12% per annum for all maturities. The three-month LIBOR rate one month ago was 11.8% per annum. All rates are compounded quarterly. What is the value of the swap? Use LIBOR discounting.

step-by-step explanation:

coldest temperature they recorded add me europa2433

europa2433

step-by-step explanation:

you can add the two numbers and divide the result by 2. or you can find the gap between the two numbers and add half of this to the smaller number.

38.6°

step-by-step explanation:

resultant is 10 pound

smaller force = 8 pound

angle formed = tan⁻¹(

                        =tan⁻¹(

                          =tan⁻¹(0.8)

                        =38.6°

a

step-by-step explanation:

its wrong