Question: A 1 . 5 - year floater has a coupon rate of S 6 + 4 . 3 % . If the realized spot S

A 1.5-year floater has a coupon rate of S6+4.3%. If the realized spot S6s are 6.2%,5.3%,7.0%, and 6.7% at t=0,0.5,1, and 1.5, respectively, what cash flows does the floater produce during its remaining time to maturity? Your answer should include both the sizes and timing of the cash flows.

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