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A firm will need to take outa$2,010,962loan270days from now fora90-dayinterval.Itpurchases a call with X=6.1%.The callexpires in270days and the underlying is a90-daycorporate loan rate. What will
A firm will need to take outa$2,010,962loan270days from now fora90-dayinterval.Itpurchases a call with X=6.1%.The callexpires in270days and the underlying is a90-daycorporate loan rate.
What will be thecall payoff in 360 days,if the90-day spot rate in 270 days is 5.7%?
Round your answer to the nearest integer and omit any ','separators.
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