Bond quesstions dirty full price Fixed income

L is the coupon leverage of the inverse floater. It equals the ratio of the par value of the floater to the par value of the inverse floater. (a) [1] What is the value of L? (b) [3] What is the value of x%? Note that the coupon rate of the collateral is equal to a weighted average of the coupon rates of the floater and inverse floater. The weight applied to the coupon rate of the floater/inverse floater is equal to the par value of the floater/inverse floater divided by the par value of the collateral.