3 A company has issued a floating rate note with a coupon rate equal to the three month Libor 65 basis points Interest payments are made annually on 31 March 2021, 31 March 2022, 31 March 2023, and 31 March 2024 On 31 March 2021 and 31 March 2022, the three month Libor is 1 55 and 1 35 , respectiv...

3. A company has issued a floating-rate note with a coupon rate equal to the three-month...

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3. A company has issued a floating-rate note with a coupon rate equal to the three-month...

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Fixed Income Analysis

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