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Business, 06.04.2021 02:20 fireflies145

Assume that you have entered into a swap agreement for a notional of 100M USD under which every 3 months you agree to pay LIBOR and receive 4% fixed. On the date you signed the contract 3-month LIBOR is 3%. On the first payment day, the 3-month LIBOR is 3.5%. Your actual payment net of what you receive at the first payment date equals to : a. 0 USD.
b. 0.5 USD.
c. 0.5 USD
d. 0.25 USD

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Assume that you have entered into a swap agreement for a notional of 100M USD under which every 3 mo...
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