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FOR YOUR SWAP (The One You Have Shown Above) How

question 56

Essay

FOR YOUR SWAP (the one you have shown above) how would the swap bank quote the swap against prime? (Hint: they are quoting a bid-ask spread against "flat" prime.)


Definitions:

Smaller

A comparative term indicating lesser in size, amount, or degree relative to something else.

Equal

A term indicating that two values, variables, or expressions are of the same value or are equivalent in terms of a particular property.

Statistical Inference

The method of applying data analysis techniques to infer characteristics of a base probability distribution.

Descriptive Statistics

Descriptive statistics refer to brief descriptive coefficients that summarize a given data set, which can be either a representation of the entire or a sample of a population.

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