Ch20 Floater
Excel. Refer to the “Ch20 Floater” tab in the Excel Workbook provided on the Web site. Assume that $15,000,000 in floaters and $5,000,000 in inverse floaters are issued. How does this change the returns for the inverse floater when LIBOR is 2 percent, 4 percent, and 6 percent?
Ch20 Floater