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L is the benchmark floating rate An organization wants to invest a funds for at 6% per annum with semi-ann compounding for 4 years. The
L is the benchmark floating rate
An organization wants to invest a funds for at 6% per annum with semi-ann compounding for 4 years. The swap rate is 6.3% per annum. If the entity can e the floating rate interest at L-0.3% ?. An organization wants to invest a funds for at 6% per annum with semi-ann compounding for 4 years. The swap rate is 6.3% per annum. If the entity can e the floating rate interest at L-0.3% Step by Step Solution
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