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Please help me answer this question. Thank you very much!! Q11* (Interest Rate Swap): You buy an interest rate swap. The fixed interest rate is

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Please help me answer this question. Thank you very much!!

Q11* (Interest Rate Swap): You buy an interest rate swap. The fixed interest rate is 5% and the notional principal is $100,000,000. Determine cashflows for the following cases (Ignore dealers): a. Spot LIBOR rate = 5.5% b. Spot LIBOR rate = 4.5%

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