Multiple Choice
If a company with a fixed-rate debt of 11% enters into a swap and pays floating-rate debt of BBSW+1.20% and receives fixed-rate payments of 9%,its net cost of debt becomes:
A) 11%
B) BBSW+0.20%
C) BBSW+2.20%
D) 12%
Correct Answer:

Verified
Correct Answer:
Verified
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