For the following problem, you are given the following t-year spot rates:
year 1 2 3 4 5
spot rate 4% 5% 5.75% 6.25% 6.5%
James and Associates has a line of credit that will permit it to borrow $400,000 in year one; an additional $200,000 in year two for a total of $600,000; and an additional $400,000 in year three for a total of $1,000,000. Under the loan, the interest rate resets at the beginning of each year and is equal to the one-year spot interest rate at the time of reset. James enters into a three year interest rate swap where the notional amount matches the amount available under the line of credit and variable rate matches the rate for the line of credit.
Required:
A) Determine the swap rate.

oof

explanation:

f

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.