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1- A $10 million notional principal interest rate swap has a remaining life of 5 months. Under the terms of the swap, 3-month LIBOR is

1- A $10 million notional principal interest rate swap has a remaining life of 5 months. Under the terms of the swap, 3-month LIBOR is exchanged for 6% per annum (compounded quarterly). The zero or sp...

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