5. Company X and company Y need funds to finance expansion of their operations. X is a AAA-rated company while Y is a BBB-rated company. X can borrow funds at 11 per cent or LIBOR + 0.03 per cent floating rate. Y can borrow funds at 14 per cent or LIBOR +1.5 per cent. Can X and Y benefit from swap? How can you structure a swap arrangement between Company X and Company Y?