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Company A , a lower - rated firm, desires a fixed - rate loan. Company A presently has access to floating interest rate funds at
Company A a lowerrated firm, desires a fixedrate loan. Company A presently has access to floating interest rate funds at a margin of over SOFR. In contrast, company B a higherrated firm, has access to fixedrate funds at and floatingrate funds at SOFR Both companies enter into an interest rate swap with Bank C Based on the swap, Bank C would gain Firm A would gain and Firm B would gain What is the current fixed rate available for Company
Select one:
a
b
c
d
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