(Answer with 4 digit after comma)

Restaurant X and Y have these following interest rates: Restaurant X Restaurant Y Canadian Dollars 5% 6.5% US Dollars LIBOR+0.5% LIBOR+1.0% Restaurant X needs to borrow US dollars, meanwhile restaurant Y needs to borrow Canadian dollars. An intermediary will help them with the swap and requires a 50 basis point spread. How should we arrange the swap so that it can appear equally attractive to restaurant X and restaurant Y? What rates of interest will restaurant X and restaurant Y end up paying