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Consider a 5 - year semiannual payment floating - rate security whose coupon rate is determined as: reference rate + 4 5 basis points The
Consider a year semiannual payment floatingrate security whose coupon rate is determined as:
reference rate basis points
The current reference rate is and bond's price is
What is the current coupon rate? points
What is the required yield of the floatingrate bond? points
What is the discount margin of the floatingrate bond? points
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