when presenting the interest rate through swap arrangement, the answers in the book shows that Fitzharris pays 3.8% to counterparty, i dont understand how are they getting that value of 3.8%? however i do understand how to reach the net result of 4.35%.
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37. Fitzharris (sep/dec 2020)
You can an answer to your question in my reply to a previous post:
https://opentuition.com/topic/p4-fitzharris-co-sd-2020/
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