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Firm X wants to borrow GBP at a floating...

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题目

Firm X wants to borrow GBP at a floating interest rate, and Firm Y wants to borrow GBP at a fixed annual interest rate. The interest rates that they face are shown in the table below. What is the maximum spread a financial intermediary could get if it designs a swap making firms X and Y each better off by 20 basis points?「huixue_img/importSubject/1564169525858013184.png」

选项

A.5 basis points

B.10 basis points

C.15 basis points

D.20 basis mints

答案

B

解析

(5.5% L 1.5%)-(4.5% L 2%)=50; bps50-20*2=10 bps(5.5% L 1.5%)-(4.5% L 2%)=50; bps 50-20*2=10基点