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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Understanding Investments Theories And Strategies
ISBN: 9780415891639
1st Edition
Authors: Nikiforos T. Laopodis
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