Find the rate on a pure discount loan hedged with a long
Find the rate on a pure discount loan hedged with a long FRA if the loan is for $10 million and matures in 30 days, the FRA is 30-day LIBOR, the fixed rate on the FRA is 4 percent, and LIBOR at the time the loan is taken out is 5 percent.
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find the rate on a pure discount loan hedged with a long fra if the loan is for 10 million and matures in 30 days the
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