A one$-$year floating$-$rate note pays $6-$month Libor plus $119bps.$ The floater is priced at

$96\mathrm{.}93$ per $100$ of par value. Current $6-$month Libor is $1\mathrm{.}78\%.$ Assume a $\frac{30}{360}$ day$-$count

convention and evenly spaced periods. What is the annual discount margin for the floater in basis points?