easy · FRM Part 1
Immediately following a reset date (and the subsequent payment), what is the value of the floating-rate leg (B_float) of an interest-rate swap?
- It is equal to the present value of the fixed-rate leg (B_fix).
- It is determined by the total accumulated interest since the inception of the swap.
- It is equal to zero.
- It is equal to the notional principal (par value).
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