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Please explain why how did they SWAP step by step and no handwriting thanks!!! test. q.S. N IOS EX: SWAPS Suppose a firm can borrow

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Please explain why how did they SWAP step by step and no handwriting thanks!!!

test. q.S. N IOS EX: SWAPS Suppose a firm can borrow at Prime +3. lor at q fixed for 5 yrs. If a SWAP II available w/lo1 fixed for prime + 6X, then What is the best fixed rate option for the firm? Day: 8+3.) +101 Recieve: Atb.x. Metlist -3x+101 = 7 fixed it taice SWAP * Short Wt: SWAP=101-b1 - UN better off wi . Fixed=81-3.1=5NT SWAP

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