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using fixed rate and float rate mortgage to solve the following: Fix Rates: Person A - 5% Person B - 7% Float rates: For person
using fixed rate and float rate mortgage to solve the following:
Fix Rates:
Person A - 5%
Person B - 7%
Float rates:
For person A - LIBOR + 2.5%
for person B - LIBOR + 4.1%
Question -
1. Design a swap for persons A and B with a Swap Bank.
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