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The six month LIBOR rate for a reference period is 6.8% (annualized). The fixed six-month coupon rate for the same period is 3.9%. Compute the
The six month LIBOR rate for a reference period is 6.8% (annualized). The fixed six-month coupon rate for the same period is 3.9%. Compute the payment to the floating-rate payer if the notional principal is $100 million. O A. $1.5 million OB. $1 million O C. $2 million OD. $2.5 million O E. $0.5 million
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