Question
You buy a 2-year floating rate note that pays a coupon rate of 6-month LIBOR + 4.72%. If the notional amount of the note
You buy a 2-year floating rate note that pays a coupon rate of 6-month LIBOR + 4.72%. If the notional amount of the note is $1000, compute the coupons that you will receive: Coupon 6-month LIBOR Time 0 0.5 1.0 1.5 2.0 5% 5.5% 6.75% 5.75% 5.25%
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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