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Your firm has just issued five-year floating-rate notes indexed to sx-month US doilar LBOR plus 1/4 percent. What is the amount of the first coupon

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Your firm has just issued five-year floating-rate notes indexed to sx-month US doilar LBOR plus 1/4 percent. What is the amount of the first coupon payment your firm will pay per $1.000 of face value. If six-month LibOR is currently 8.5 percent? (Round your answer to 2 decimal ploces.)

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