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An investor purchased an FRN (Floating Rate Note) issued by a bank. Calculate the next coupon payment. Ignore day count conventions for simplicity. 1.55% 500,000,000.0

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An investor purchased an FRN (Floating Rate Note) issued by a bank. Calculate the next coupon payment. Ignore day count conventions for simplicity. 1.55% 500,000,000.0 LIBOR fixing at start of period Notional amount bought Coupon formula Coupon frequency LIBOR + 200 basis points Quarterly Select one: 1,937,500.0 4,437,500.0 17.750,000.0 2,500,000.0

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