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mutiple chooice: PT Asset Management holds a five-year floating rate note, with semi-annual payments at 180-day SOFR + 125 basis points. PTM is concerned that
mutiple chooice:
PT Asset Management holds a five-year floating rate note, with semi-annual payments at 180-day SOFR + 125 basis points. PTM is concerned that interest rates will fall and would like to hedge this risk. PTM is most likely to
A: Receive fixed rate on a 5 year IRS
B: Pay fixed rate on a 5 year IRS
C : Sell 5 year government bonds
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