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JK Capital Markets purchased a 4.15% interest rate floor with a face value of 8...

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JK Capital Markets purchased a 4.15% interest rate floor with a face value of 8 millions for 1.5% of face value. If at expiration date interest rates are 3.05%, How much is the profit/(loss) of JK Capital Markets? PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES. DON'T USE COMMA SEPARATORS IF A LOSS USE THE MINUS SIGN EX-20

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