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NMIMS – Financial Institutions and Markets – On December 31, 2005, Company A and Company B enter into a five year swap with the following terms: Company A pays company B a fixed amount equal to 7%

On December 31, 2005, Company Financial Institutions and Markets   1. On December 31, 2005, Company A and Company B enter into a five year swap with the following terms: Company A pays company B a fixed amount equal to 7% per annum on a notional principal of $50 million. Company B pays company A…
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