[一级权益投资] DMT Corp. issued a five-year floating-rate note (FRN) that pays a quarterly coupon of three-month Libor plus 125 bps. The FRN is priced at 96 per 100 of par value. Assuming a 30/360-day count convention evenly spaced periods and constant three-month Libor of 5% the discount margin for the FRN is closest to:
A 180 bps.
B 400 bps.
C 221 bps.