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QUESTION
the coupon rate of a floating rate note that makes payment in march june september and december is expressed as three month libor +45 bps.assume that...
the coupon rate of a floating rate note that makes payment in march june september and december is expressed as three month libor +45 bps.assume that three month libor is 2.35% at the end of the september 2018 and 2.75% at the end of december
what is the inrest rate that applies to the payment due in december 2018
