PLEASE ANSWER ALL QUESTIONS

Q20. LIBOR last week was 1.38%. SC Corp. has borrowed $1,000,000 from North Pole Bank at a rate of one half a percentage point above LIBOR with cap of 2.5% and a floor of 2.0%. What interest was charged to SC? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 2.48% b 2.38% C 2.0% d 1.88% Q84. A bond has a coupon rate of 5% paid annually, a par value of $1,000, and matures tomorrow. The bond will sell for Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a approximately $1,025. b approximately $1,300. c approximately $1,050. d approximately $1,000. Q85. Which of the following statements about bonds is true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Bond prices move in the same direction as market interest rates. b If market interest rates change, long - term bonds will fluctuate more in value than short - term bonds. c Long-term bonds are less risky than short-term bonds. d If market interest rates are higher than a bond's coupon interest rate, then the bond will sell above its par value