# Question: A company s investments earn LIBOR minus 0 5 Explain how it

A company’s investments earn LIBOR minus 0.5%. Explain how it can use the quotes in Table 5.5 to convert them to

(a) three

(b) five

(c) ten-year fixed-rate investments.

(a) three

(b) five

(c) ten-year fixed-rate investments.

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