Question: 7) Interest for a floating rate deal with 2.% teaser rate, 2% annual cap, 7.5% lifetime cap 3% spread with index of 2%, 2.25%,3%,3.5%, 5%
7) Interest for a floating rate deal with 2.% teaser rate, 2% annual cap, 7.5% lifetime cap 3% spread with index of 2%, 2.25%,3%,3.5%, 5% for years 1,2,3,4,5, respectively.
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