a company has issued a floating-rate note with a coupon rate equal to the three-month libor + 65 basis points. interest payments are made quarterly on 31 March, 30 June, 30 September, and 31 december. on 31 March and 30 June, the three-month libor is 1.55% And 1.35%, respectively. The coupon rate for the interest payment made on 30 June is:
A) 2.00%.
B) 2.10%.
C) 2.20%.

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The Answer of a company has issued a floating-rate note with a coupon rate equal to the three-month libor + 65 basis points. interest payments are made quarterly on 31 March, 30 June, 30 September, and 31 december. on 31 March and 30 June, the three-month libor is 1.55% And 1.35%, respectively. The coupon rate for the interest payment made on 30 June is:
A) 2.00%.
B) 2.10%.
C) 2.20%.

A Company Has Issued a Floating-Rate Note with a Coupon