Compute the payments due in the FIRST year on a three-year AMORTIZING swap from company B to company
A)B pays £402,114.80 to A
A) Company A and company B both want to borrow £1,000,000 for three years. A wants to borrow floating and B wants to borrow fixed. A and B agree to split the QSD.
B) B pays £100,000 to A
C) B pays £69,788.52 to A
D) None of the above

Question

Compute the payments due in the FIRST year on a three-year AMORTIZING swap from company B to company
A)B pays £402,114.80 to A
A) Company A and company B both want to borrow £1,000,000 for three years. A wants to borrow floating and B wants to borrow fixed. A and B agree to split the QSD. 
B) B pays £100,000 to A 
C) B pays £69,788.52 to A 
D) None of the above

Quizplus · Accepted Answer

The Answer of Compute the payments due in the FIRST year on a three-year AMORTIZING swap from company B to company
A)B pays £402,114.80 to A
A) Company A and company B both want to borrow £1,000,000 for three years. A wants to borrow floating and B wants to borrow fixed. A and B agree to split the QSD. 
B) B pays £100,000 to A 
C) B pays £69,788.52 to A 
D) None of the above

Compute the Payments Due in the FIRST Year on a Three-Year