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A bank has purchased a $1 million floor of 3 percent at a premium of 0.2 percent of face value. What happens if interest rate
A bank has purchased a $1 million floor of 3 percent at a premium of 0.2 percent of face value. What happens if interest rate are 2.85%?
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
