On Thursday Oct 7, 2021, you agree to lend $100 million in the interbank market...
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On Thursday Oct 7, 2021, you agree to lend $100 million in the interbank market (for T+2 business day settlement), for a term of 2 months, at a rate of 9.17%. How much will (principal plus interest) will you receive on the maturity of this interbank deposit? (nearest $0.01) Warning: Monday October 11, 2021 is a holiday for USD transactions! No relevant holidays in December 2021. On Thursday Oct 7, 2021, you agree to lend $100 million in the interbank market (for T+2 business day settlement), for a term of 2 months, at a rate of 9.17%. How much will (principal plus interest) will you receive on the maturity of this interbank deposit? (nearest $0.01) Warning: Monday October 11, 2021 is a holiday for USD transactions! No relevant holidays in December 2021
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