Companies X and Y have been offered the following rates per annum on a $5 million 10-year investment: Floating (p.a.) Fixed (p.a.) 5.0% LIBOR+0.3% Company X Company Y 6.3% LIBOR+0.8% Note: p.a. abbreviates for "per annum", and LIBOR stands for the "London Interbank Offered Rate". Required: Company X requires a fixed-rate investment; company Y requires a floating-rate investment. Design a swap that will net a bank, acting as intermediary, 0.2% per annum and will appear equally attractive to X and Y. Assume floating rate payments/receipts are made based on LIBOR rates. Use the following diagram to express your answers. Company X Bank Company Y