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A bank has sold a $1 million floor of 3.5 percent at a premium of 0.425 percent of face value. What happens if interest rate
A bank has sold a $1 million floor of 3.5 percent at a premium of 0.425 percent of face value. What happens if interest rate are 3.15%?
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
