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$1,000 3. (20 points) Companies A and B have been offered the following rates per annun on a $10 million five-year loan: Fixed rate 6.0% 7.5% LIBOR+0.1% LIBOR+0.6% Company A requires a floating-rate loan; company B requires a fixed-rate loan. Design a swap that will net a bank, acting as intermedia, 0.2 per annum and that will appear equally attractive to both companies a). What are the comparative advantages or A and B, respectively? a): Whar are h compaage or Aand & regpectiveby?dirlu't answer ansuer b). Show the swap arrangement below. 6 Bank c. What are the borrowing costs for A and B after the swap respectively