7.005% per annum. (CB Solutions' weighted average cost of capital is 12%, which Heather calculates to be 6% per 6 -month period, compounded semiannually). a. If LIBOR rises at the rate of 50 basis points per 6 -month period, starting tomorrow, how much does Heather save or cost her company by making this swap? b. If LIBOR falls at the rate of 25 basis points per 6 -month period, starting tomorrow, how much does Heather save or cost her company by making this swap? a. If LIBOR rises at the rate of 50 basis points per 6 -month period, starting tomorrow, how much does Heather save or cost her company by making this swap? The swap for the first six-month period is 9 (Select from the drop-down menu and round to the nearest dollar.)