First Bank can issue one-year, floating-rate CDs at prime plus 1 percent or fixed-rate CDs at 12.5

Question:

First Bank can issue one-year, floating-rate CDs at prime plus 1 percent or fixed-rate CDs at 12.5 percent. Second Bank can issue one-year, floating-rate CDs at prime plus 0.5 percent or fixed-rate at 11.0 percent.
a. What is a feasible swap with all of the benefits going to First Bank?
b. What is a feasible swap with all of the benefits going to Second Bank?
c. Diagram each situation.
d. What factors will determine the final swap arrangement?