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A company's investments earn LIBOR minus 0.5%. Explain how it can use the quotes in table 5.5 to convert them to (a) three, (b) five,
A company's investments earn LIBOR minus 0.5%. Explain how it can use the quotes in table 5.5 to convert them to (a) three, (b) five, and (c) ten-year fixed-rate investments.
| Maturity | Bid | Offer | Swap Rate |
| 2 | 6.03 | 6.06 | 6.045 |
| 3 | 6.21 | 6.24 | 6.225 |
| 4 | 6.35 | 6.39 | 6.370 |
| 5 | 6.47 | 6.51 | 6.490 |
| 7 | 6.65 | 6.68 | 6.665 |
| 10 | 6.83 | 6.87 | 6.540 |
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Mergers And Acquisitions Integration Handbook
Authors: Scott C. Whitaker
1st Edition
111800437X, 978-1118004371
