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Question 4 5 pts A credit default swap has a notional amount of USD50,000,000. The coming quarter has 91 days and the quarterly premium

Question 4 5 pts A credit default swap has a notional amount of USD50,000,000. The coming quarter has 91 days and the quarterly premium payment is USD 700,000. What is the annual premium rate? O None 8.21% 1.40% 5.54% 8.00%

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