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Companies AAA and BBB have been offered the following rates per annum on a $20 million five-year loan: Company AAA requires a floating-rate loan; company

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Companies AAA and BBB have been offered the following rates per annum on a $20 million five-year loan: Company AAA requires a floating-rate loan; company BBB requires a fixed-rate loan. Design a swap that will net a bank, acting as intermediary, 0.2% per annum and that will appear equally attractive to both companies. The swap arrangement below. A. is B. is C. is D. is E. is F. is

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