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Company A has been offered the rates shown in Table 7.3. It can borrow for three years at 6.45%. What floating rate can it swap
Company A has been offered the rates shown in Table 7.3. It can borrow for three years at 6.45%. What floating rate can it swap this fixed rate into Table 7.3 - Bid and offer fixed rates in the swap market and swap rates (percent per annum). a. LIBOR b. LIBOR 0.24% c. LIBOR+0.24% d. LIBOR +0.21\%
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