Companies A and B have been offered the following rates per annum on a $20 million S-year loan: Fixed rate Floating rate Company A Company B 12.0% 13.4% LIBOR +0.1% LIBOR +0.6% Company A requires a floating-mate loan; company B requires a fixed-rate loan. Design a swap that will net a bank, acting as intermediary, 0.1% per annum and that will appear equally attractive to both companies. 7.2, Company X wishes to borrow US dollars at a fixed rate of interest. Company Y wishes to borrow Japanese yen at a fixed rate of interest. The amounts required by the two companies are roughly the same at the current exchange rate. The companies have b quoted the following interest rates, which have been adjusted for the impact of taxes Yev Dollars Company X: Company Y: 5.0% 9.6% 6.5% 10.0% Design a swap that will net a bank, acting as intermediary, 50 basis points per annum. Make the swap equally attractive to the two companies and ensure that all foreign exchange risk is samed by the bank.