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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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