Q20. LIBOR last week was 1.88%. 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 2.3% 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 a 2.48% b b 2.38% C 2.30% d 2.5%