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What is Messman resulting net payment

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Problem - Messman Corporation issues fixed-rate debt at a rate of 9.00%. Messman agrees to an interest rate swap in which it pays LIBOR to Moore Inc. and Moore pays 8.75% to Messman. What is Messman's resulting net payment?

Reference no: EM132730802

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What is Messman resulting net payment : Messman agrees to an interest rate swap in which it pays LIBOR to Moore Inc. and Moore pays 8.75% to Messman. What is Messman's resulting net payment
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