Adidas AG, a German multinational, wishes to borrow U.S. dollars at a fixed rate of interest. Nike Inc., a U.S. multinational, wishes to borrow euros at a fixed rate of interest. They have been quoted the following rates per annum (adjusted for differential tax effects):

	Euros	US $
Adidas	5.2%	9.6%
NIKE	6%	10%

Deutsche Bank will act as an intermediary; it requires 8 basis points per annum to facilitate the swap. Design a swap that will produce a gain of 16 basis points per annum for each of the two companies.

Kindly answer with draw