Question: The six-month LIBOR rate for a reference period is 7% (annualized). The fixed six-month coupon rate for the same period is 4%. Compute the payment

The six-month LIBOR rate for a reference period is 7% (annualized). The fixed six-month coupon rate for the same period is 4%. Compute the payment to the floating-rate payer if the notional principal is $200 million. .. O A. $0.6 million OB. $1 million OC. $0.9 million OD. $0.5 million O E. $0.85 million
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