Interest plus Libor
I need help. Can someone explain what interest rate I should be using for forecasting when the reate is LIBOR + 4% cash interest, with a LIBOR floor of 1%. I am new to this and don't understand.
I need help. Can someone explain what interest rate I should be using for forecasting when the reate is LIBOR + 4% cash interest, with a LIBOR floor of 1%. I am new to this and don't understand.
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