An investor enters into a 2-year swap agreement to purchase crude oil at $105.65 per barrel.Soon after the swap is created forward prices rise and the new swap price on a similar swap is $108.32.If interest rates are 3.0% per year,what is the gain to be made from unwrapping the original swap agreement?

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The Answer of An investor enters into a 2-year swap agreement to purchase crude oil at $105.65 per barrel.Soon after the swap is created forward prices rise and the new swap price on a similar swap is $108.32.If interest rates are 3.0% per year,what is the gain to be made from unwrapping the original swap agreement?

An Investor Enters into a 2-Year Swap Agreement to Purchase