Company X wishes to borrow USD at a fixed rate of interest, while company Y wishes to borrow Japanese yen at a fixed rate of interest. At the current exchange rates, both amounts required are the same. X can borrow yen for 5% and USD for 9.6% while Y can borrow yen for 6.5% and USD for 10%. Design a swap that will met a bank (acting as an intermediary) 50 basis points pa. Make the swap equally attractive to the two companies and ensure that all foreign exchange risk is assumed by the bank