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A floater and an inverse floater are being created from a CMO tranche with a par value of $150,000 and a coupon rate of 5.5%.

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A floater and an inverse floater are being created from a CMO tranche with a par value of $150,000 and a coupon rate of 5.5%. If the coupon rate of the floater is LIBOR + 0.75% and the coupon leverage is 2, then the coupon rate of the inverse floater will be __-- 2xLIBOR 15% 18% 25% 31%

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