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please try to show on a Financial calculator or a very easy way 31 A two-year floating-rate note pays six-month Libor plus 80bps. The floater
please try to show on a Financial calculator or a very easy way 
31 A two-year floating-rate note pays six-month Libor plus 80bps. The floater is priced at 97 per 100 of par value. The current six-month MRR is 1.00%. Assume a 30/360 day-count convention and evenly spaced periods. The discount margin for the floater in basis points is closest to: A 180bps. B 236 bps. C 420bps Step by Step Solution
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Finance With Monte Carlo
Authors: Ronald W. Shonkwiler
2013th Edition
146148510X, 978-1461485100
