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HELP PLEASE Sabretooth capital tokes out a floating rate loan at Libort 5%. They then enter info an interest rate swap with Barik of Ainetica.
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Sabretooth capital tokes out a floating rate loan at Libort 5%. They then enter info an interest rate swap with Barik of Ainetica. Ther aqref to pay bank of America a fixed rate of 3.35% and Bank of America pays them Libor. What is Sabretooth Capitar's net interest rate? 3.85% 335% VBOR+5% 285% Step by Step Solution
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