Page 496 Practice Problem 38第三题
题目：Issue a 5M floating note paying 2.5 * LIBOR, and use the proceeds to purchase 7% coupon fixed bond.
答案：第二步buy bonds with a face value = 2.5 * 5,000,000 = 12,500,000
should be the bond value 5 million (instead of 12.5million in answer), because it is only collect 5 mil from issuing the floating?

题目最后答案是positive cash flow, 但是却没有说明多出了7.5mil (12.5 - 5)资金怎么来的?