-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Calculation of Interest Rate Swap in return for LIBOR
Question
Under the terms of an interest rate swap, a financial institution has agreed to pay 10% per annum and to receive the 3-month LIBOR in return on a notional principal of $50 million with payments exchanged every 3 months. The swap has a remaining life of 14 months. The current rate being swapped for 3-month LIBOR is 11.8% per annum for all maturities. The 3-month LIBOR rate 1 month ago was 12% per annum. All rates are compounded quarterly. What is the value of the swap?
Summary
The question belongs to Finance and it is about interest rate Swap. In this question, a financial institution agrees to pay 10% pa to receive 3 month LIBOR in return for $50M. The value of the swap has to be calculated.
Total Word Count 84
WHAT OUR STUDENTS SAY
Writing the final year dissertation paper was a big deal for me as it is the ultimate decider for my grades. Needless to say that I was very nervous but I got immense help from HwA throughout the tenure and helped me get a solid A at the end of everything.
Leslie Scanlon Student
I had a research assignment where I needed to write a report on the local markets of New South Wales. It was difficult getting help online as most of these assignment help services are located abroad somewhere in USA or UK. I was happy to see that TheReliableTutor.com has tutors from not only Australia, but New South Wales itself and they cater specifically to students like us, who are from or studying in Australia.
Olivia Forsyth Student
The one on one personalized electrical engineering online tutoring sessions at TheReliableTutor has really helped me better understand the underlying concepts of Circuit analysis, circuit diagrams, Parallel DC circuits, and many more. Thanks to the patience and personalized attention of the online electrical engineering tutor I have been able to effectively improve my grades.
Patricia Evans Student
I was really worried about my nursing ethics case study assignment which was related to the issue of nurses sharing their photos along with their patients’ in the internet. I was confused about what stand to take when I came across HwA. That was the first work they did for me. From there it only got better. I am now thinking of doing my MN and will definitely seek their help for that.
Danny Taylor Student
Research and referencing are the two guidelines that our physics professor makes us swear by. Once I had had a one on one chat with my assigned tutor at TheReliableTutor and explained this prerequisite I have received all the physics assignments that I have requested with detailed research and flawless referencing. Its like having an extension of your own self working on the physics assignments.
Althea Columburis Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.