1. Borrowing costs of two companies, A and B, in the fixed rate and floating rate markets are given below. Company B is a project and has raised floating-rate funds. It is looking into swapping its floating payment liabilities for fixed rate payment liability to manage its interest rate risk. Company A has raised fixed rate funds and is looking into converting its fixed rate liabilities into floating rate liability. Show how Companies A and B can achieve their objectives including their ability to lower the funding costs though an interest swap deal.

this is the only information given, no calculations please