Question: ed .00 UBS is a US MNC that has operations in Europe, the Middle East, and Africa. It has identified needs of leverage of USD25

ed .00 UBS is a US MNC that has operations in Europe, the Middle East, and Africa. It has identified needs of leverage of USD25 million in 7 months for a six-month period. To lock in the rate on this loan, UBS sells a forward rate agreement on LIBOR6 at 5.938% to HSBC for a notional principal of USD285 million. In 7 months' time, LIBOR6 is 4.371%. How much will UBS pay to HSBC assuming 360 days in a year? O a. USD2.185217 million O b. USD4.278918 million O c. USD2.168590 million O d. USD0.191686 million USD2.540365 million Oe.

UBS is a US MNC that has operations in Europe, the Middle East, and Africa. It has identified needs of leverage of USD25 million in 7 months for a six-month period. To lock in the rate on this loan, UBS sells a forward rate agreement on LIBOR6 at \5.938 to HSBC for a notional principal of USD285 million. In 7 months' time, LIBOR6 is \4.371. How much will UBS pay to HSBC assuming 360 days in a year? a. USD2 185217 million b. USD4.278918 million c. USD2. 168590 million d. USD0.191686 million e. USD2.540365 million

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