Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

CFA Events Calendar

View full calendar

CFA Events Calendar

View full calendar

Recommended Discussions

See how our partners can help you ace your CFA exams.

Question of the Week - Derivatives

AdaptPrepAdaptPrep Des Moines, IA, USAPosts: 211 Sr Associate
edited March 2016 in Level 1 Questions

Haspiess Systems, Inc. and Signicomp Manufacturing enter into a netted interest rate swap, with a notional $75M. Haspiess will pay a fixed 5%, and Signicomp will pay LIBOR + 75bp. LIBOR is 3.5%. The first semiannual payment will be closest to:

Question of the Week - Derivatives 15 votes

Haspiess paying Signicomp $600,000
46%
LDifranscarebaermdlynch3gahamiltBlueJay3535Freddiesuls 7 votes
Signicomp paying Haspiess $600,000
0%
Haspiess paying Signicomp $300,000
53%
AdaptPrepStuj79googs1484riteshbadaiBeregondpabulumsnicolincoaaronpcjb 8 votes

Comments

Sign In or Register to comment.