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Please identify “B”.  

Six months into a plain fixed-for-floating swap, the 90-day variable reference rate assigned to the current floating payment is 2.6% compounded quarterly. The swap rate is 3% compounded semiannually. The notional principal is $5 million. Assume a 90 day period. From the perspective of the fixed-rate receiver the cash inflow (outflow) is:

It is a reset date for a floating rate note that has quarterly reset and tenor. What is the value of the note per $100 par today if the yield curve is flat at 5% continuously compounded and given the rate was just reset?

Compared to a floater, an inverse floater

Which of the following statements is least accurate concerning bond pricing relationships?

Which of the following is least likely to be a basic function of repo markets in financial markets?

Using the weighted cash-flow approach to computing duration (Macaulay Duration), Which of the following is the closest to the duration of a 3-year bond with semiannual coupon payments of 5.5% and a yield to maturity of 6%.

Using the table below showing discount factors, compute the yield to maturity on a bond equivalent basis of a bond paying coupons semiannually at the semiannually compounded rate of 3.5%. Assume the bond matures in exactly two years. Hint: Using solver or an associated function is a good step to complete this problem.

In performing profit and loss attribution, which of the following best defines the carry-roll-down?

At the beginning of a reset period, the variable reference rate set in advanced and paid in arrears for a plain vanilla fixed-for-floating swap was set at 1.5%. The notional principal is $1,000,000. Assuming the period had 90 days in a 360 day year, the interest payment on the floating leg is: