Company AAA and company BBB each need $1 million in funds and are quoted the following rates in the fixed and floating markets. AAA agrees to borrow at the fixed-rate and BBB agrees to borrow at the floating-rate. Show all calculations. Required: a) Structure a swap which allows the two companies share the differential benefit equally. (8 marks) b) What fixed rate would AAA receive from BBB if they negotiated to receive 75% share of the differential? marks) c) List and briefly explain the three basic types of swaps. (6 marks)