Company C presently has access to floating interest rate funds at a margin of 1.0% over LIBOR. Its direct borrowing cost is 10% in the fixed-rate bond market. In contrast, company D has access to fixed-rate funds at 8% and floating-rate funds at LIBOR+0%. Which company is deemed to have higher credit quality by the investors in the bond markets?

Select one: a. Company D b. Company C c. Can't tell from the information given.