Question: Floaters & Inverse Floaters 1 . Consider a 5 - year bond with ( $ 1 , 0 0 0 )

Floaters \& Inverse Floaters 1. Consider a 5-year bond with \(\$ 1,000\) face value with a \(9.5\%\) coupon rate paid semiannually. This face value is split evenly to create a floating rate bond which pays a coupon equal to the LIBOR reference rate ( L ) and an inverse floater. What is the coupon payment of the inverse floater?
Floaters \ & Inverse Floaters 1 . Consider a 5 -

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