Answered You can hire a professional tutor to get the answer.

QUESTION

A lender purchased aputwith X=6.8% and notional amount of 7,200,000.The put'sexpiration is in 80days and the underlying is the 45-daycorporate loan...

A lender purchased a put with X=6.8% and notional amount of 7,200,000. The put's expiration is in 80 days and the underlying is the 45-day corporate loan rate.

What will be the put's payoff, if at expiration the 45-day spot rate is 6.1%?

Round your answer to the nearest integer and omit any ',' separators. 

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question