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Time left 1:07:17 estion 6 SPG is a US MNC that has operations in Europe, the Middle East, and Africa. It has identified needs of

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Time left 1:07:17 estion 6 SPG is a US MNC that has operations in Europe, the Middle East, and Africa. It has identified needs of leverage of USD24 million in 7 months for a six-month period. To lock in the rate on this loan, SPG sells a forward rate t yet agreement on LIBOR6 at 5.839% to HSBC for a notional principal of USD255 million. In 7 months time, LIBOR6 is 4.173%, How much will SPG pay to HSBC assuming 360 days in a year? swered arked out of a, USD6.47724 million 00 Ob. USD6,79158 million Flag question O c. USD7 48811 million O d. USD5.10065 million e. None of the options in this question are correct, Previous page

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