CFA MOCK 2012 Afternoon Session Q. 43

CFA Level II
#1

I have every time problems with swaps. Also in the Mock. In Q. 43 is the solution.

3738/3250-0,9696-0.012*(sum of Z’s)

Can anyone tell how I can calculate the “0.012”???

Thank you for your input.

#2

0.048/4…it’s quarterly payment

#3

And where u get the 4,8%?

#4

read the question…

#5

Oh, thx. I hate these swaps :frowning: