Question
Six-month U.S. dollar LIBOR is currently 4.52 percent; your firm issued floating-rate notes indexed to six-month U.S. dollar LIBOR plus 50 basis points. What is
Six-month U.S. dollar LIBOR is currently 4.52 percent; your firm issued floating-rate notes indexed to six-month U.S. dollar LIBOR plus 50 basis points. What is the amount of the next semi-annual coupon payment per U.S. $1,000 of face value?
Multiple Choice
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$25.10
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$47.50
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$23.75
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$31.75
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$46.875
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
