New Paltz

A credit default swap (CDS) is a derivatives instrument that provides insurance against the risk of a default by a particular company. ... For example, the zero-coupon rate for Aug. 18, 2016 is 0.2992% and that for Sep. 15 2016 is 0.2993%, we can interpolate the rates to find the zero-coupon rate for Aug 31, 2016 as follows: 0.2992% + number of ... ................
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