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Consider the following interest rate swap scenario: Notional = $10 MM Actual days in quarter = 91 Annualized floating rate = 2.766% Annualized fixed

 

Consider the following interest rate swap scenario: Notional = $10 MM Actual days in quarter = 91 Annualized floating rate = 2.766% Annualized fixed rate = 2.2211% What is the floating payment? Please input your answer to the closest cent (hence, your answer must include two digits past the decimal). Please do not use commas or dollar signs.

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