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Liverpool Bank has an income gap of -$10 million, Alur Finance has an income gap of $25 million, and TLBR Bank has an income gap
Liverpool Bank has an income gap of -$10 million, Alur Finance has an income gap of $25 million, and TLBR Bank has an income gap of -$15 million. Propose an interest rate swap that will benefit all three institutions. Determine the amount of notional principal for each interest rate swap. Assume these three entities can swap amongst each other, and no other intermediary is needed.
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