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23) SC Corporation recently borrowed $1,000,000 from ABC National Bank who priced the loan on a floating basis equal to 30 day LIBOR +250 basis points. During the first month of the loan, 30 day Libor was 1.88%, for month 2 is was 1.91%. In addition, ABC National Bank agreed that the interest rate at any one time would never be more than 4.5% but never less than 3\%. What interest rate was charged to SC Corp in month 2? A 4.38% B) 4.5% C) 4.41% D) 4.25% Question 24 24) Three years ago, The Blackburn Group issued 20 -year, unsecured bonds rated BB by Moody's at 3.5%. You have now owned