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Suppose you have an asset with a rate LIBOR + .20%. Show how you could effectively convert this into a 2-year, fixed-rate asset by accepting

Suppose you have an asset with a rate LIBOR + .20%. Show how you could effectively convert this into a 2-year, fixed-rate asset by accepting the dealers swap. What is the fixed rate you would earn each six months on your asset (covered by swap)?

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