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Consider the following interest rate swap scenario: nototional = $10 MM, actual days in quarter = 91, annualized floating rate =3.5400%, and annualized fixed rate
Consider the following interest rate swap scenario: nototional = $10 MM, actual days in quarter = 91, annualized floating rate =3.5400%, and annualized fixed rate = 6.7500%. What is the net payment received by the short position?
a)$337,500.00 b) $248,016.67 c) -$337,500.00 d) -$248,016.67
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