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explanation are needed Thank you!~ 2. [ True / False ] Firm A wants to raise $1 million through a fixed coupon rate while Firm

explanation are needed

Thank you!~

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2. [ True / False ] Firm A wants to raise $1 million through a fixed coupon rate while Firm B wants to raise $1 million through a floating rate coupon rate. For the borrowing rates for firm A and B given in the table below, there is a swap contract that would benefit both firms. Fixed Rate Floating Rate Firm A 14% LIBOR +6% Firm B 11% LIBOR+3%

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