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UV pt 1 Browser + Webcam Question 42 (1 point) 6 A company caps three-month LIBOR at 2% per annum. The principal amount is $20
UV pt 1 Browser + Webcam Question 42 (1 point) 6 A company caps three-month LIBOR at 2% per annum. The principal amount is $20 million. On a reset date, three-month LIBOR is 4% per annum. What payment would this lead to under the cap? When would the payment be made? 3 9 01) $100,000 would be paid out today. 1 12 2) $100.000 would be paid out 3 months later. 4 15 3) $200,000 would be paid out 3 months later. 7 4) Nothing would be paid out and the option would expire worthless. 18 Question 43 (1 point)
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