In an interest rate swap, a financial institution pays 10% per annum and receives three-month LIBOR in return on a notional principal of $100 million with payments being exchanged every three months. The swap has a remaining life of 14 months. The average of the bid and offer fixed rates currently being swapped for three-month LIBOR is 12% per annum for all maturities. The three-month LIBOR rate one month ago was 11.8% per annum. All rates are compounded quarterly. What is the value of the swap? Use LIBOR discounting.

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aloha~! my name is zalgo and i am here to you out on this amazing day. to answer your question, yes, nonzero numbers can have a greatest common factor and that would be 1. still don't get it? let me considering every number is divisible by 1 and hence every number has 1 as a factor of theirs. so, if 2 nonzero numbers didn't share any gcf (greatest common factor), they would still have a factor in common and that would be 1.

i hope that this ! : p

"stay and stay proud! " - zalgo

(by the way, do you mind marking me as brainliest? i'd greatly appreciate it! mahalo! x3)

what

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