simplified Libor in arrears payoff: pay at time 1 1-year Libor reset at time 1 F(1) where is measure with numeraire change measure from time 0 to time 1 (time while F(t) is changing) with girsanov formula : so we…

simplified Libor in arrears payoff: pay at time 1 1-year Libor reset at time 1 F(1) where is measure with numeraire change measure from time 0 to time 1 (time while F(t) is changing) with girsanov formula : so we…