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A Payer Swaption Is Expiring

question 41

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A payer swaption is expiring.The underlying swap has a two year maturity.Th e present value factors are 0.9259 (one year) and 0.8651 (two years) .The strike rate is 7 percent.What is the value of the swaption per $1 notional principal.

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Interpret graphical data related to respiratory pressures.
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