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Business, 27.04.2021 15:20 Maddifalls1562

Tony entered into a three-year interest rate swap with Jesse one year ago. He agreed to pay the swap rate for the variable rate. They exchange interest payments at the end of each year during the swap term. The swap rate they agreed upon is 5.0%, and the notional amount is 5,000. Today, the spot rates are: Time, tSpot Rate, st 14.00% 25.50% 36.00% 47.00% 58.00% From Tony's perspective, if he exits the interest rate swap today, what is the market value of the swap

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Tony entered into a three-year interest rate swap with Jesse one year ago. He agreed to pay the swap...
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