Question: 4 . A 1 0 0 face value floater is paying LIBOR on a semiannual frequency. Today is t = 0 , month LIBOR is

4. A 100 face value floater is paying LIBOR on a semiannual frequency. Today is t=0, month LIBOR is equal to 6.78%(annualized), hence the first coupon 6 months from today will be $3.39.

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