Company A, a British manufacturer, wishes to borrow US dollars at a fixed rate of interest. Company B, a US multinational, wishes to borrow sterling at a fixed rate of interest. They have been quoted the following rates per annum (adjusted for differential tax effects): Sterling US dollars Company A 11.0% 7.0% Company B 10.6% 6.2% A)Design a swap that will net a bank, acting as intermediary, 10 basic points per annum and that will produce a gain of 15 basis points per annum for each of the two companies? B)Is it possible firm X can produce a gain of 20 basis points and firm Y can produce a gain of 15 basis points? Elaborate. C)Can both the firms can produce similar gains in any case, if there is a chance.? Explain if its possible. D)Let's say part c does exist, what are conditions needed for both the firms to be operating according to you