9. Find the all-in-cost of a swap to a party that has agreed to borrow...
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9. Find the all-in-cost of a swap to a party that has agreed to borrow $5 million at 5 percent externally and pays LIBOR + percent on a notational principal of $5 million in exchange for fixed rate payments of 6 percent. A. LIBOR + percent B. LIBOR C. LIBOR- percent D. None of the above
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