24. Company X wants to borrow $10,000,000 floating for 5 years; company Y wants to borrow $10,000,000 fixed for 5 years. Their external borrowing opportunities are shown below: Fixed-Rate Borrowing Floating-Rate Cost Borrowing Cost Company X 10% LIBOR Company Y 12% LIBOR + 1.5% A swap bank is involved and quotes the following rates five-year dollar interest rate swaps at 10.05%- 10.45% against LIBOR flat. Assume company Y has agreed, but company X will only agree to the swap if the bank offers better terms. What are the absolute best terms the bank can offer X, given that it already booked Y? X SWAP LIBOR BANK Y 10.45% LIBOR + 119% A. 10.45%-10.45% against LIBOR flat. B. 10.45%-10.05% against LIBOR flat. C. 10.50%-10.50% against LIBOR flat. D. none of the above