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Suppose that we companies AAA Corp and BBBCorp, both wish to borrow $10 million for five years and have been offered the rates shown below

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Suppose that we companies AAA Corp and BBBCorp, both wish to borrow $10 million for five years and have been offered the rates shown below Fixed Floating AAACorp 4.056 6-month LIBOR -0.156 BBBCorp 5.25 6-month LIBOR+0.6% The transaction between AAA Corp and bon Corn was brokered by a financial institution, an arrangement such as that shown below 17 AAACP BBC LIBOR LIDOR What is the sain for BB Corp after entering the swap? Suppose that we companies AAA Corp and BBBCorp, both wish to borrow $10 million for five years and have been offered the rates shown below Fixed Floating AAACorp 4.056 6-month LIBOR -0.156 BBBCorp 5.25 6-month LIBOR+0.6% The transaction between AAA Corp and bon Corn was brokered by a financial institution, an arrangement such as that shown below 17 AAACP BBC LIBOR LIDOR What is the sain for BB Corp after entering the swap

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