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A bank loan to the Knowledge Company has a 50 basis point spread to LIBOR. If LIBOR is at 6 percent, what is the rate of interest on the bank loan?

Posted on February 25, 2017 by admin

A bank loan to the Knowledge Company has a 50 basis point spread to LIBOR. If LIBOR is at 6 percent, what is the rate of interest on the bank loan?

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