Company A can borrow at 8% fixed for five years or at a floating rate of 6-month LIBOR plus 0.4%. Company B can borrow at 9% fixed for five years or at a floating rate of six month LIBOR plus 0.6%. Assume company A wants to borrow at floating rate and company B wants to borrow at fixed rate. What are the effective borrowing rates for both companies under a swap which earns 30 basis points for the arranging institution