You are a treasurer at City Finance Bhd. You have made an arrangement with Putra Finance to
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You are a treasurer at City Finance Bhd. You have made an arrangement with Putra Finance to borrow RM2 million in December 2020 for a period of 3 months. Putra Finance agrees to lend you at a rate of 5% p.a. You will also lend RM2 million to Jet Sdn. Bhd. at KLIBOR+0.5% starting in December 2020 for a period of 3 months. What would be your strategy in order to protect your interest income and why?
Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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