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2. Company AAA wants to borrow in floating rate and Company BBB wants to borrow in fixed rate. According to the following quotations, the swap

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2. Company AAA wants to borrow in floating rate and Company BBB wants to borrow in fixed rate. According to the following quotations, the swap bank charges 0.1% for commission fee. Please design the swap contract for AAA, BBB and swap bank. Fixed Floating AAA 7.00% LIBOR+0.05% BBB 8. 50% LIBOR+0.85% Bank Charge: 0.1%

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