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19 tilapia Bass Shops of Tallahassee, Florida borrows $2,300,000 at LIBOR per annum on a...

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Finance

19 tilapia Bass Shops of Tallahassee, Florida borrows $2,300,000 at LIBOR per annum on a sixmonth rollover basis from a London bank. If six-month LIBOR is 512 percent over the first six-month interval and 634 percent over the second six-month interval, how much will Tilapia Bass Shops pay in interest over the first year of its Eurodollar loan?
$140,875
$145,924
$126,500
$158,950
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