Alpha and Beta Companies can borrow for a five$-$year term at the following rates:

$\backslash$table$[[$Moody$\text{'}$s credit rating,Alpha,Beta$],[$Fixed$-$rate borrowing cost,Aa$,$Baa$],[$Floating$-$rate borrowing cost,$11\mathrm{.}9\%,14\mathrm{.}8\%$