User Account

All Pages

How much did xyz receive on december

Assignment Help Finance Basics
Reference no: EM132731477

XYZ Corp. entered into a 1-year interest rate swap contract on December 12, 2019. According to the swap, the bank would receive a 4.10% fixed rate and pay LIBOR plus 1.30% on a notional amount of USD 10 million. Payments were to be made every 3 months. The table below displays the actual annual 3-month LIBOR rates over the 1-year period:

Date 3-month LIBORDecember 12, 20191.13%March 12, 20202.46%

June 12, 20200.79%September 12, 20200.56%December 12, 20200.42%

Assuming no default, how much did XYZ receive on December 12, 2020?

Reference no: EM132731477

Questions Cloud

What is the firm after-tax cost of debt : Alpha has 2,500,000 shares of common stock outstanding. Next year's annual dividend is expected to be $1.55 a share. The dividend growth rate is 3 percent
Find factors that constraint moral development beyond stage : What are the factors that constraint moral development beyond Stage 4 of Kohlberg's theory for accounting professionals? Explain in detail with an example.
Construct a payoff matrix : In the December 2, 2020 edition of the Wall Street Journal, an article titled "UPS Slaps Shipping Limits on Gap, Nike to Manage E-Commerce Surge"
Inflation and interest rates? : What would you expect the nominal rate of interest to be if the real rate is 4.5 percent and the expected inflation rate is 6.6 ?percent?
How much did xyz receive on december : Assuming no default, how much did XYZ receive on December 12, 2020?
Illustrate the accumulated other comprehensive income : During the year, Cheyenne Corp. received non-taxable cash. Determine the Accumulated Other Comprehensive Income (as at the end of 2020)
Differences between the greek and irish economies : What factors led to the present financial crisis in Europe, especially in Greece and Ireland. Discuss the differences between the Greek and Irish economies.
How do solve the effect of the proposed accounting : How do Solve the effect of the proposed accounting in 2020 and 2021. Assume the same income before warranty expense for both 2020 and 2021
Micro electronics case study-forecasting income statement : Micro Electronics Inc. has been averaging a 5 percent sales growth every year and by the end of 2019 they reached a one billion dollar in Sales.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd