CIMA P3 Question Answer
A US company enters into a five year borrowing with bank A at a floating rate of USD Libor plus 2%.
It simultaneously enters into an interest rate swap with bank B at 3.5% fixed against USD Libor plus 1%.
What is the hedged borrowing rate, taking the borrowing and swap into account?
Give your answer to 1 decimal place
CIMA P3 Summary
- Vendor: CIMA
- Product: P3
- Update on: Jul 29, 2025
- Questions: 339
