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1 . Assume the following scenario Company A ( Wants Fixed ) Company B ( Wants Float ) Company C ( Wants Float ) Fixed

1. Assume the following scenario
Company A
(Wants Fixed)
Company B
(Wants Float)
Company C
(Wants Float)
Fixed 8%8%11%
Float 7%8%10%
Amount $1,000,000 $600,000 $400,000
What is the effective rate for each company if they try to engage in swap transactions?

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