QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS.

106. A floater with a quoted margin of 70 basis points is trading at 99.20 and it is going to mature in 5 years. What is the spread for life of the floater if its par value is 100? A. 53.92 basis points B. 72.36 basis points C. 86.69 basis points

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