The 60-day SOFR rate has been estimated as 3%. The 3-month SOFR futures quote for...
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Accounting
The 60-day SOFR rate has been estimated as 3%. The 3-month SOFR futures quote for the period between 60 and 150 days is 96.5. The SOFR rate implied by the SOFR futures quote is? The interest rate above is quarterly compounded. Convert this to continuous compounding (in %, at least 3 decimal places). Now estimate the 150-day SOFR rate. (%, 2 decimal places)
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