Consider the situation of firm A and firm 8. The current exchange rate is $1.50/. Firm A is a U.S. MNC and wants to borrow 40 million for 2 years. Firm B is a French MNC and wants to borrow $6 for 2 years. Their borrowing opportunities are as shown; both firms have AAA credit ratings Al $7% 600 . Answer the 23. Devise a direct swap for A and B that has no swap bank. Show their external borrowing problem in the template provided. (Show both flows and amounts in a chart similar to that in question 22) Consider the situation of firm A and firm 8. The current exchange rate is $1.50/. Firm A is a U.S. MNC and wants to borrow 40 million for 2 years. Firm B is a French MNC and wants to borrow $6 for 2 years. Their borrowing opportunities are as shown; both firms have AAA credit ratings Al $7% 600 . Answer the 23. Devise a direct swap for A and B that has no swap bank. Show their external borrowing problem in the template provided. (Show both flows and amounts in a chart similar to that in question 22)