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2. You have purchased $8,000,000 (par amount) of a oating rate bond that pays interest at a fixed spread of .70% above 6-month LIBOR. If

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2. You have purchased $8,000,000 (par amount) of a oating rate bond that pays interest at a fixed spread of .70% above 6-month LIBOR. If 6-month LIBOR at the last coupon reset for this bond was 2.05%, and the applicable period is 183 days, the amount of interest you will receive on the neXt coupon payment date is closest to: A. $111,800 B. $110,300 C. $83,350 D. $82,250

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