Swap (finance): Difference between revisions
WikiSysopIG (talk | contribs) |
WikiSysopIG (talk | contribs) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 205: | Line 205: | ||
+ | + | ||
\text{Income} | \text{Income} | ||
</math> | |||
A TRS can provide economic exposure to an asset without requiring the receiving party to directly own the reference asset. | A TRS can provide economic exposure to an asset without requiring the receiving party to directly own the reference asset. | ||
| Line 275: | Line 275: | ||
\sum_{t=1}^{n} | \sum_{t=1}^{n} | ||
\frac{CF_t}{(1+r_t)^t} | \frac{CF_t}{(1+r_t)^t} | ||
</math> | |||
where: | where: | ||