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Sir, I’ve been searching for the lectures and the answer in P4 notes but found no clue of the solving of Example 7 of Chapter 20. So how can Agne use a collar to hedge her borrowing?
Could you plz show me and thank you very much.I have uploaded an article which explains all about interest rate collars.
You can find it here:
https://opentuition.com/articles/p4/interest-rate-collars/
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