Thank u .for the simplest detail
I also want to know that are the libor rates given in exam
There is a article in p4 about currency swap ..they are just using the term libor ..like libor + 5% ..so in exam are we going to assign value to term libor or just write libor + the rate%
Ask the Tutor ACCA AFM
About libor
When Libor rates are needed then you are given them.
The rate is not needed for swaps.
Have you watched the free lecture on swaps?
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