How can the company use a swap to convert the interest
A company has a fixed rate note that pays 6% for 3-years. The swap market will pay T-45 versus Libor. The current 3-year treasury is 4.5%. How can the company use a swap to convert the interest payments to a floating rate liability?
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a company has a fixed rate note that pays 6 for 3-years the swap market will pay t-45 versus libor the current 3-year
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