) IF THE 180-DAY LIBOR RATE IN 60 DAYS IS 25%, BASED ON INFORMATIO...

2.) If the 180-day LIBOR rate in 60 days is 2.25%, based on information in Exhibit 1, the effective annual interest rate on Viewmont's USD50,000,000 loan is closest to: A. 3% B. 2% C. 1%