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On $ 1 0 million of loans, Firm X is paying a fixed $ 7 0 0 , 0 0 0 in interest payments while
On $ million of loans, Firm X is paying a fixed $ in interest payments while Firm Y is paying SOFR plus basis points. Firms X and Y have agreed to swap interest payments. The current SOFR rate is How much will be paid to which firm this year?
On $ million of loans, Firm X is paying a fixed $ in interest payments while Firm Y is paying SOFR plus basis points. Firms X and Y have agreed to swap interest payments. The current SOFR rate is How much will be paid to which firm this year?
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