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Companies A and B have been offered the following rates per annum on a $10 million five-year loan: Fixed Rate Floating Rate Company A

Companies A and B have been offered the following rates per annum on a $10 million five-year loan: Fixed Rate Floating Rate Company A 5.0% LIBOR+0.1% Company B 6.4% LIBOR+0.6% ompany A requires a floating-rate loan; company B requires a fixed-rate loan. Design swap agreement that will appear equally.

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