Company A is an AAA-rated firm desiring to issue five-year FRNs. It finds that it can issue FRNs at six- month LIBOR + .125 percent or at three-month LIBOR +.125 percent. Given its asset structure, three- month LIBOR is the preferred index. Company B is an A-rated firm that also desires to issue five-year FRNs. It finds it can issue at six-month LIBOR + 1.0 percent or at three-month LIBOR +.625 percent. Given its asset structure, six-month LIBOR is the preferred index. Assume a notional principal of $15,000,000. Determine the quality spread differential (QSD). (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places.) Quality spread differential percent