UEL HY WIL HUE! This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question An Fl has purchased a $218 million cap of 8 percent at a premium of 0.65 percent of face value. A $218 million floor of 5.8 percent is also available at a premium of 70 percent of face value a. If interest rates rise to 9 percent, what is the amount received by the Fl? What are the net savings after deducting the premium? b. If the Fl also purchases a floor, what are the net savings If Interest rates rise to 10 percent? What are the net savings If interest rates fall to 4.8 percent? (Negative amounts should be indicated by a minus sign.) c. If, instead, the Fl sells (writes) the floor, what are the net savings if interest rates rise to 10 percent? What if they fall to 4.8 percent? (Negative amounts should be indicated by a minus sign.) Answer is complete but not entirely correct. a $ b. Amount received Not savings Net savings if interest rates rise to 10 percent Net savings if interest rates fall to 4.8 percent Net savings i interest rates rise to 10 percent Net savings if they fall to 4.8 percent $ $ $ 2x 217 1% (1) 4 (2) c. $ s O DI IN 99. SAMSUNG