Business, 17.12.2021 02:00, pbarbee3034
A swap bank proposes the following swap: Company X will pay the swap bank annual payments on $10,000,000 at an interest rate of $9.80 percent; in exchange the swap bank will pay to company X interest payments on £5,000,000 at a fixed rate of ₤10.5 percent. Y will pay the swap bank interest payments on £5,000,000 at a fixed rate of ₤12.80 percent and the swap bank will pay Y annual payments on $10,000,000 with the coupon rate of $12 percent. Principal amounts will be exchanged and re-exchanged, respectively, at inception and maturity. If company X takes on the swap, what external action should it engage in?
Answers: 3
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Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase
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A swap bank proposes the following swap: Company X will pay the swap bank annual payments on $10,000...
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