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TABLE 9.1 Use the Information for Polaris Corporation to Answer Following Question(s)

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TABLE 9.1
Use the information for Polaris Corporation to answer following question(s) .
Polaris is taking out a $5,000,000 two-year loan at a variable rate of LIBOR plus 1.00%. The LIBOR rate will be reset each year at an agreed upon date. The current LIBOR rate is 4.00% per year. The loan has an upfront fee of 2.00% TABLE 9.1 Use the information for Polaris Corporation to answer following question(s) . Polaris is taking out a $5,000,000 two-year loan at a variable rate of LIBOR plus 1.00%. The LIBOR rate will be reset each year at an agreed upon date. The current LIBOR rate is 4.00% per year. The loan has an upfront fee of 2.00%   -Refer to Table 9.1. Polaris could have locked in the future interest rate payments by using A) a forward rate agreement. B) an interest rate future. C) an interest rate swap. D) any of the above
-Refer to Table 9.1. Polaris could have locked in the future interest rate payments by using


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