LIBORisalways thehigher side (because it is a loan, and LIBOR is Offering Rate, i.e. "I want to lend cash", so obviously I want to lend at higher rate than I want to borrow)
LIBORisalways thehigher side (because it is a loan, and LIBOR is Offering Rate, i.e. "I want to lend cash", so obviously I want to lend at higher rate than I want to borrow)
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