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INV3702 ASSIGNMENT 1 SEMESTER 2 2022
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INV3702 ASSIGNMENT 1 SEMESTER 2 2022Assignment 1 Calculations Floating rate = Reference rate + Quoted margin Floating rate = 6.5% + 1.25% = 7.75% The next semi-annual coupon = 0.075 2 x 1 000 000 = 38750 A+ Explanation The correct answer is that they have shorter maturities on average. A...
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