[Solved] A bank has sold a $2 million floor of 3.7

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A bank has sold a $2 million floor of 3.75 percent at a 2 premium of 0.475 percent of face value. What happens if interest

A bank has sold a $2 million floor of 3.75 percent at a 2 premium of 0.475 percent of face value. What happens if interest rate are 3.25%

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