alleryStart learning →Rs 4 million 6-month floor, strike 3%, rate 2%. Payout?
ARs 10,000
BRs 40,000
CRs 80,000
DRs 20,000
Answer & Solution
Correct answer: D. Rs 20,000
4,000,000 x 0.5 x (0.03 - 0.02) = 20,000.
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