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You have a total swap agreement with an investment bank for a portfolio valued at $5 billion for a cost of 2% a month. The

You have a total swap agreement with an investment bank for a portfolio valued at $5 billion for a cost of 2% a month. The portfolio is valued at $6 billion at the end of one year. How much did you make?

1. -$20 million

2. -$200 million

3. $1 billion.

4. $800 million.

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