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Amanda Halstrom entered into an equity swap that calls for quarterly payments on a notional amount of $500,000. Halstrom will make payments based on the
Amanda Halstrom entered into an equity swap that calls for quarterly payments on a notional amount of $500,000. Halstrom will make payments based on the of Value Index and receive payments based on Growth Index. The index values are given below:
Level at Last Reset Date | Level Today | |
Value Index | 1,230 | 1,290 |
Growth Index | 1,450 | 1,420 |
The value of Halstoms position is closest to:
Group of answer choices
A) - $34,375
B) $33,820
C) $10,565
D) - $138,940
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