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Your firm has just issued 5-year floating-rate notes indexed to six-month U.S. dollar SOFR (LIBOR's successor as the benchmark interest rate) plus 1/4%. What is
Your firm has just issued 5-year floating-rate notes indexed to six-month U.S. dollar SOFR (LIBOR's successor as the benchmark interest rate) plus 1/4%. What is the amount of the first semiannual coupon payment your firm will pay per $1,000 in Face Value if the six-month SOFR is 6.5%? $67.50 $33.75 $75.00 $37.50
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