Find the fixed rate on a forward swap expiring in 90 days in which the underlying swap has a maturity of 180 days and makes payments every 90 days. The prices of zero coupon bonds are 0.9877 (90 days), 0.9732 (180 days), and 0.9597 (270 days)

a. 5.97 percent
b. 5.6 percent
c. 5.5 percent
d. 5.78 percent
e. 5 percent


d

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