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Company ABC can borrow funds at LIBOR plus 3 0 basis points. There is a swap available where one side pays 3 % and the

Company ABC can borrow funds at LIBOR plus 30 basis points. There is a swap available where one side pays 3% and the other side pays LIBOR. What fixed rate of interest can ABC pay on its liability if it enters the swap to change the nature of its liability?
options:
2.7%
0.30%
3.0%
3.3%

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