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JK Capital Markets purchased a 4.75% interest rate floor with a face value of 8 millions for 1.15% of face value. If at expiration date

JK Capital Markets purchased a 4.75% interest rate floor with a face value of 8 millions for 1.15% of face value. If at expiration date interest rates are 3.95%, How much is the profit/(loss) of JK Capital Markets?

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