[Content removed at user request]
CIMA Forums
Swaps
6y ago
6y ago#1Now they pay L + 4 + 9 = L + 13
After swap they would pay 8 + L + 1 = L + 9
Saving is 4%, of whichmthe bank wants 10%, so net is 3.6, or 1.8 each.
Therefore, H will pay 8 - 1.8 = 6.2.
Sign into reply to this topic.