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4) Company XYZ has a $100MM five year fixed rate bond with a fixed rate of 5.25%. They want to convert half of the bond

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4) Company XYZ has a $100MM five year fixed rate bond with a fixed rate of 5.25%. They want to convert half of the bond to a floating rate basis for the full five years. Using the market information above, devise an interest rate swap structure which will convert half of the bond into a floating rate and calculate what the resulting floating rate will be. 4) Company XYZ has a $100MM five year fixed rate bond with a fixed rate of 5.25%. They want to convert half of the bond to a floating rate basis for the full five years. Using the market information above, devise an interest rate swap structure which will convert half of the bond into a floating rate and calculate what the resulting floating rate will be

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