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What is the payoff to a holder of a floorlet, with a strike of 5.95% and a notional of $100 mn, if the reference rate
What is the payoff to a holder of a floorlet, with a strike of 5.95% and a notional of $100 mn, if the reference rate is 5.8% ? ( The term is for one month, payable on the fixing date )
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Financial Management Theory And Practice
Authors: Eugene F Brigham, Michael C Ehrhardt
11th Edition
0324259689, 9780324259681
