swap-transaction

  1. Nicole Seaman

    P1.T4.24.12. Compounding Frequencies, Spot Rates, and Par Rates

    Learning Objectives: Calculate and interpret the impact of different compounding frequencies on a bond’s value. Define spot rate and compute discount factors given spot rates. Describe a swap transaction and explain how a swap market defines par rates. Questions: 24.12.1. Given an annual...
  2. Nicole Seaman

    P1.T3.22.15. Foreign exchange (FX, forex) quotes

    Learning objectives: Explain and describe the mechanics of spot quotes, forward quotes, and futures quotes in the foreign exchange markets; distinguish between bid and ask exchange rates. Calculate a bid-ask spread and explain why the bid-ask spread for spot quotes may be different from the bid-...
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