Part C (5 marks) Two companies have investments which pay the following rates of interest: Float Libor Libor + 0.5% Fixed Firm A 5% Firoa E | 8% a fixed rate and B prefers a floating rate. If an equally a 0.1% fee and any benefits are spread equally between Firm A and Firm B. If an intermediary charges both parties equally a 0.1% fee and any benefits are spread equally between Firm A and Firm B, what rates could A and B receive on their preferred interest rate? Show all working