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LLB Industries borrowed $ 2 0 0 , 0 0 0 from Trust Bank by issuing a two - year, 1 0 % note, with
LLB Industries borrowed $ from Trust Bank by issuing a twoyear, note, with interest payable quarterly.
LLB entered into a twoyear interest rate swap agreement on January and designated the swap as a fair value hedge. Its intent was to
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