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Swaptions

Nniki277y ago
Dear sir, In the June 2018 paper, there was a question on calculation regarding Swaption.. (or something to that extent). If they ask, how is a swaption say 1x4 swaption calculated? And, lastly, any last minute advice for tomorrow? Thanks.
John MoffatJohn MoffatTutor7y ago#1
You wouldn't be asked to calculate a swaption - just to be able to explain what it is.
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