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Business, 16.11.2019 01:31 kaciewelkerouwdfa

Grecian tile manufacturing of athens, georgia, borrows $1,500,000 at libor plus a lending margin of 1.25 percent per annum on a six-month rollover basis from a london bank. if six-month libor is 4.5 percent over the first six-month interval and 5.375 percent over the second six-month interval, how much will grecian tile pay in interest over the first year of its eurodollar loan?

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Grecian tile manufacturing of athens, georgia, borrows $1,500,000 at libor plus a lending margin of...
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