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Company A can borrow fixed at 11.8 percent and floating at LIBOR+0.32 percent. Company B can borrow fixed at 11.0 percent and floating at LIBOR+0.0

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Company A can borrow fixed at 11.8 percent and floating at LIBOR+0.32 percent. Company B can borrow fixed at 11.0 percent and floating at LIBOR+0.0 percent. If a financial intermediary charges a fee of 0.08 percent, what is the gain to each party to the swap? Assume the gain is evenly split between the two parties. O 0.28 percent O 0.52 percent O 0.2 percent 0 0.24 percent

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