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Companies A and B have been offered the following rates per annum on a $10 million five-year loan: Fixed Rate Floating Rate Company A
Companies A and B have been offered the following rates per annum on a $10 million five-year loan: Fixed Rate Floating Rate Company A 5.0% LIBOR+0.1% Company B 6.4% LIBOR+0.6% ompany A requires a floating-rate loan; company B requires a fixed-rate loan. Design swap agreement that will appear equally.
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
5th Canadian edition
9781259105692, 978-1259103285
