Valuing Floating Rate Notes (FRN) in Excel/VBA . Analytical Finance II (MMA708). Lecturer: Jan R. M. Röman. Group members: Hayford Gyasi , Joyce Young Kumah , Moazam Riaz , Shoaib Hashmi , VecheakMony Heng. INTRODUCTION.
Analytical Finance II (MMA708)
It is also used to balance risks incurred through other interest rate instruments in an investment portfolio. They are sensitive to interest rate changes.