Company A (a U.S. MNC) wants to borrow 10,000,000 at a fixed rate for five year. Company B (a U.K. MNC) wants to borrow $16,000,000 at a fixed rate for five year. Today's exchange rate is 1= $1.6. The information below summarizes what each company can do without using swaps.

	$ Loans	Loans
Company A	8	11.8
Company B	10.8	12.6

If Company A wants to save 0.3% of the 10,000,000 loan through a Swap Bank, and If Company B wants to save 0.2% of the $16,000,000 loan through a Swap Bank. How much can the Swap bank earn on pound () loans (in terms of %) after meeting Company A and Company B's demand?