Bank of america is involved in agreement in which it makes, Financial Management

Bank of america is involved in agreement in which it makes

Bank of America is involved in an agreement in which it makes payments in periods when a market interest rate falls below an interest rate level specified in the agreement. This means that Bank of America has

a- sold an interest rate floor.

b- purchased an interest rate cap.

c- sold an interest rate cap.

d- purchased an interest rate floor.

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Financial Management: Bank of america is involved in agreement in which it makes

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Financial Management: Bank of america is involved in agreement in which it makes

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