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Companies AAA and BBB have been offered rates on a $40 million 5-year loan: Suppose AAA wants floating and BBB wants fixed. Design a swap

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Companies AAA and BBB have been offered rates on a $40 million 5-year loan: Suppose AAA wants floating and BBB wants fixed. Design a swap that is equally attractive to both firms and yields a financial intermediary 0.04%. In the swap, the floating leg is LIBOR flat. What does Firm BBB pay to the financial intermediary under the swap? Please report your answer in percentage. For instance, 5.34% would be written as 5.34

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