Company A prefer fixed rate and can borrow from Bank A. Bank A's Pricing Schedule Fixed interest Floating interest rate 9% LIBOR + 0.34% Bank A takes a commission of 0.2% Company B prefer floating rate and can borrow from Bank B. Bank B's Pricing Schedule Fixed interest Floating interest rate 7.7% LIBOR + 0.3% Bank B takes a commission of 0.3% . Both companies enter into an interest rate swap, what is the total cost saving? If 40% of the total cost saving is allocated to Company A, what is the fixed rate does Company A pay Company B in the swap