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3. Consider the following interest rate swap scenario: notional = $10 MM, actual days in quarter = 92, annualized floating rate = 2.5400%, and annualized

3. Consider the following interest rate swap scenario: notional = $10 MM, actual days in quarter = 92, annualized floating rate = 2.5400%, and annualized fixed rate = 2.5400%. What is the floating leg payment? a. $62,088.89 b. $65,0911.89 c. $64,911.11 d. $127,000

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