微信扫一扫
实时资讯全掌握
|
The notional principal of a default swap is $30,000,000, and the reference price is 100%. The final price is estimated at 25%, and the annual coupon rate was 9%. It has been 60 days since the last coupon payment. What is the cash amount to settle the swap? A. $22,050,000. B. $22,500,000. C. $19,800,00. D. $7,950,000. |