Q2. Read BT's proposal. There are two sub-proposals again: one with flat fixed rate (FIXED_B) and the other with swap (SYNTHETIC_B). Assume that the State of Connecticut can issue a floater at the interest rate of 25 basis points under TENR index (TENR - 0.25%). In the SYNTHETIC_B proposal, the State will issue the floater and enter interest rate swap with BT simultaneously. The swap says that BT will pay TENR index to the State and the State will pay 6.67% fixed to BT. What is the total interest rate that the State pays if they chose this SYNTHETIC_B structure? How much does it differ from FIXED_B proposal