An analyst is modeling spot rate changes using short rate term structure models. The current short-term interest rate is 5% with a volatility of 80 bps. After one month passes the realization of dW, a normally distributed random variable with mean 0 and standard deviation √dt, is -0.5. Assume a constant interest rate drift, λ, of 0.36%. What should the analyst compute as the new spot rate? | Financial Risk Manager Part 2 Quiz - LeetQuiz