Question: Suppose that coupon reset formula for a floating - rate bond is: 1 - month LIBOR + 1 3 0 basis points. What is the

Suppose that coupon reset formula for a floating-rate bond is: 1-month LIBOR +130 basis points.
What is the reference rate?
What is the quoted margin?
Suppose that on coupon reset date the 1-month LIBOR is 2.4%. What will the coupon rate be for the period?

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