The Assignment must be submitted on Blackboard (WORD format only) via allocated

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment Questions from chapter 12,13 &14: (Marks- 10)
Q1. Q. How do swaps and forward contracts share similarities while also differing from each other? (Marks 2.5)
Q2. For a $100 million equity swap with semiannual payments and an initial stock index level of 2000, one party pays a fixed rate of 5.5 percent assuming 30 days per month and 360 days in a year. On the first payment date, if the stock index is at 2173, determine the net swap payment, and specify which party makes the payment. (Marks 2.5)
Q3: Compare and contrast the similarities and differences between Forward Rate Agreements (FRAs) and interest rate swaps. (Marks 2.5)
Q 4. How can a portfolio manager rationalize the acquisition of an inverse floating-rate note? (Marks 2.5)

Note:
Each answer must not be less than 300 words