Exam F3 Topic 4 Question 321 Discussion

Actual exam question for CIMA's F3 exam
Question #: 321
Topic #: 4
H Company has a fixed rate load at 10.0%, but wishes to swap to variable. It can borrow at LIBOR 8%.
The bank is currently quoting swap rates of 3.1% (bid) and 3.5% (ask).
What net rate will HHH Company pay if it enters into the swap?

Suggested Answer: A Vote an answer

by Janet at Jul 01, 2025, 03:28 AM

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Nick name: Submit Cancel
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

Contact Us

If you have any question please leave me your email address, we will reply and send email to you in 12 hours.

Our Working Time: ( GMT 0:00-15:00 ) From Monday to Saturday

Support: Contact now 

日本語 Deutsch 繁体中文 한국어