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Suppose that coupon reset formula for a floating - rate bond is: 1 - month LIBOR + 1 3 0 basis points. What is the

Suppose that coupon reset formula for a floating

-

rate bond is:

1 -

month LIBOR

+ 130

basis points.

What is the reference rate?

What is the quoted margin?

Suppose that on coupon reset date the

1 -

month LIBOR is

2.4 % .

What will the coupon rate be for the period?

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