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On June 30, 2022, Company A and Company B were presented with the following interest rate conditions in the capital market. Fixed rate Floating rate

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On June 30, 2022, Company A and Company B were presented with the following interest rate conditions in the capital market. Fixed rate Floating rate LIBOR 0.2% Company-X 3% Company-Y 5% LIBOR + 0.6% Company A wants to borrow Floating rate, while Company Y wants to borrow Fixed rate. Design a swap that a bank will get 0.1% per annum, and the profits of the two companies are equal

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