5. Assume that you purchase a $100 million 7.65% par value 5-year bond of a BBBrated company...

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5. Assume that you purchase a $100 million 7.65% par value 5-year bond of a BBBrated company and simultaneously enter into a 5-year interest-rate swap withyour bank. You agree to make fixed semiannual payments. If the swap rate is 7%,

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