##### 20 An analyst computes the following discount factors using a government spot curve:
| Maturity (Years) | Discount Factor |
|------------------|-----------------|
| 1 | 0.9709 |
| 2 | 0.8653 |
| 3 | 0.7938 |
Based on this information, the 3-year swap rate is closest to: | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
Chartered Financial Analyst Level 2
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20 An analyst computes the following discount factors using a government spot curve:
| Maturity (Years) | Discount Factor |
|------------------|-----------------|
| 1 | 0.9709 |
| 2 | 0.8653 |
| 3 | 0.7938 |
Based on this information, the 3-year swap rate is closest to: