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Table 01 provides the interest rate swap information for the Quality Co. and Risky Co. Their interest rate swap arrangement is illustrated in the following
- Table 01 provides the interest rate swap information for the Quality Co. and Risky Co. Their interest rate swap arrangement is illustrated in the following Exhibit 0 Calculate the value of E in Exhibit 0 (enter 2 decimal number without sign and symbol) The correct answer is: 9.17
Table 01
Company name
Fixed-rate bond
Floating-rate bond
Quality Co.
A= 8.07%
B = LIBOR + 0.61%
Risky Co.
C = 11.14%
D = LIBOR + 1.48%
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