Assume that the formula for the coupon rates of a floater and an inverse floater are:

Floater coupon rate: reference rate $+2\mathrm{.}25\%$

Inverse floater coupon rate: $10\mathrm{.}75\%-$ reference rate

Suppose the $$200$ million of the bond is used as collateral to create a floater with par value of $$100$ million

million and an inverse floater with a par value of $$100$ million, answer the following questions:

What is the coupon rate of the fixed rate collateral for these two floating rate bonds?

Suppose the floor for the inverse floater is $0\mathrm{.}75\%.$ What would be the cap of the floater?