becky060604
24.06.2019 •
Business
Miles manufacturing corporation enters into a five-year swap term. the notional amount of the swap is 300,000 each year. the swap has a settlement period of one year. the variable interest rate changes each year and is the one year spot interest rate at the beginning of the year. determine the swap rate.
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Ответ:
the federal reserves banks pay interest on required reserve balances and on excess reserve balances