What will be the effect of any gain or loss

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1. Hines Moving Company held a fixed-rate debt of $2 million. The company wanted to hedge its fair value exposure with an interest rate swap. However, the only notional available at the time, on the type of swap it desired, was $2.5 million. What will be the effect of any gain or loss on the $500,000 notional difference?

Reference no: EM131007408

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