Microsoft issues a four year, floating-rate bond for the amount of $100 Million. It pays annually to bondholders. Because Microsoft would prefer to have a fixed rate payment, it enters into a SWAP with Citibank. Year LIBOR (%) Fixed-Rate payments to Citibank Floating-Rate payments from Citibank Net payment to Citibank Payment to bondholders Net payment by Microsoft 1 4 4 2 3 2 5 5 1 4 3 6 6 0 5 4 7 7 -1 6 a) Explain the conditions of this SWAP b) Which is the final fixed rate that Microsoft has to pay?
Answers: 1
Business, 21.06.2019 20:40
Maria am corporation uses the weighted-average method in its process costing system. the baking department is one of the processing departments in its strudel manufacturing facility. in june in the baking department, the cost of beginning work in process inventory was $4,880, the cost of ending work in process inventory was $1,150, and the cost added to production was $25,200. required: prepare a cost reconciliation report for the baking department for june.
Answers: 2
Business, 22.06.2019 11:30
10. lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d incorrect
Answers: 2
Business, 22.06.2019 11:30
17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?
Answers: 2
Business, 22.06.2019 13:10
The textbook defines ethics as βthe principles of conduct governing an individual or a group,β and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the companyβs ethical systems as it is in its safety systems, and how would you defend your conclusion?
Answers: 2
Microsoft issues a four year, floating-rate bond for the amount of $100 Million. It pays annually to...
English, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
English, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Social Studies, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
English, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01
Biology, 16.09.2020 02:01
Mathematics, 16.09.2020 02:01