Firm A can borrow fixed rate at 10%. It can also borrow floating at Libor + 1%. The market swap rate at the bid is LIBOR versus 8.9% and is LIBOR versus 9.1% at the ask (i.e., the firm can enter into a swap bypaying fixed at 9.1% or receiving at 8.9%). Find the cheapest form of financing for the firm if it wishes to be in floating-rate debt.