1.5 QUESTION 6 AAA rate firm enters into a 3 year swaps and a currency swap bank (also rated AAA) makes the following quotes against LIBOR: EURO BID ASK BID ASK 3.2% 5% 5.2% USD 3% none of the given options O a. The bank stands ready to pay at 5 percent against receiving dollar LIBOR on 3 year loans Ob. The bank stands ready to pay 5 ot 3.2 percent against receiving dollar LIBOR on year loans OC The bank stands ready to receive cat 5 percent against receiving dollar LIBOR on year loans Od