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If Japanese Yen Floating Rates Are Well Below US Dollar

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If Japanese yen floating rates are well below US dollar floating rates, then a fairly-priced basis swap that exchanges Japanese floating rates (plus a spread) for US floating rates must have


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A medical condition in which the bones become brittle and fragile from loss of tissue, typically as a result of hormonal changes or deficiency of calcium or vitamin D.

SES

stands for Socioeconomic Status, encompassing the economic, social, and work status of individuals or families, often measured by income, education, and occupation.

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A condition commonly occurring in older adults, characterized by the gradual loss of hearing ability due to aging processes affecting the auditory system.

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Relating to the sense of hearing or being able to be heard.

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