Search results
-
L
FRA agreements
An FRA trader entered into an FRA agreement in which he will pay 6%(assuming quarterly compounding) between 3 months and 6 months. The principal for the trade is $3 million. The 6 month LIBOR spot rate is 5.8%. If the trader had a gain of $2550 at the end of the period, The 3 month LIBOR rate...- lmakombo
- Post #3
- Forum: Fixed Income (P1.T4 or P2.T5)
-
L
Forward Rate Agreement
An FRA trader entered into an FRA agreement in which he will pay 6%(assuming quarterly compounding) between 3 months and 6 months. The principal for the trade is $3 million. The 6 month LIBOR spot rate is 5.8%. If the trader had a gain of $2550 at the end of the period, The 3 month LIBOR rate...- lmakombo
- Thread
- Replies: 4
- Forum: P1.T4. Valuation & Risk Models (30%)
-
L
Forward Rate Agreement
An FRA trader entered into an FRA agreement in which he will pay 6%(assuming quarterly compounding) between 3 months and 6 months. The principal for the trade is $3 million. The 6 month LIBOR spot rate is 5.8%. If the trader had a gain of $2550 at the end of the period, The 3 month LIBOR rate...- lmakombo
- Thread
- Replies: 1
- Forum: P1.T3. Financial Markets & Products (30%)