Question $1$

A and B companies can borrow according to the rates in the Table. Company A wants to borrow with floating rate, Company B wants to borrow with fixed rate. What type of swap agreement these two companies would do$?$ After the swap agreement at what rates would they borrow. $($Exclude the financial intermediary, no transaction costs.$)$

$\backslash$table$[[$Company$,$A$,$B$],[$Fixed rate,$12\%,14\%$