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A bank has purchased a $1.5 million floor of 3 percent at a premium of 0.12 percent of face value. What happens if interest rate
A bank has purchased a $1.5 million floor of 3 percent at a premium of 0.12 percent of face value. What happens if interest rate are 2.90%?
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Finance For Growing Enterprises
Authors: Edward W. Davis, Roger Buckland
1st Edition
1138679941, 978-1138679948
