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. QUESTION 1b [ 10 Marks] Lee Lid and Ng Corporation negotiate a $15 million, 7-year interest-rate swap in which Lee will pay a 4.25%

. QUESTION 1b [ 10 Marks] Lee Lid and Ng Corporation negotiate a $15 million, 7-year interest-rate swap in which Lee will pay a 4.25% fixed rate to Ng, and Ng will pay Libor to Lee (there is no swap...

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