Repeat the previous problem, but now assume that the one-month LIBOR rate on December 1 was 5.5

Question:

Repeat the previous problem, but now assume that the one-month LIBOR rate on December 1 was 5.5 percent?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: