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A bank will receive T+50 versus Libor or pay T+45 versus Libor. For a $100 million, 10-year swap what is the approximate profit that a

A bank will receive T+50 versus Libor or pay T+45 versus Libor. For a $100 million, 10-year swap what is the approximate profit that a bank erns by entering into both a fixed rate and an offsetting floating rate swap?

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