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A Financial Institution sold a $100 million cap of 8.35 percent at a premium of 0.58 percent of face value. What is your gain/(loss) if
A Financial Institution sold a
$100 million cap of 8.35 percent at a premium of 0.58 percent of face value.
What is your gain/(loss) if interest rate is 9.15%? (5 points)
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The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
