A company has arranged to borrow 200 million at libor plus
A company has arranged to borrow $200 million at LIBOR plus 20 basis points. Microsoft has entered into an interest rate swap so that Microsoft receives LIBOR and pays 7% under the swap. With the swap, what rate is their interest payment now?
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a company has arranged to borrow 200 million at libor plus 20 basis points microsoft has entered into an interest rate
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