Question 12 (Interest rate swap. 1 of 4) Company A wants to finance a $100,000,000 project at a fixed rate for 5 years Company B wants to francea $100,000,000 project at a floating rate for 5 years. Their external borrowing opportunities are given below. Assumes swap bank is quoting five-year dollar interest rate swaps at 8.8-9.0 percent against LIBOR flat. What is the lasty spread differential (QSD!! Credit Rating Cost Fixed-Rate Borrowing Floating Rate Borrowing Cost 10.3% LIBOR+1% Company A A LIBOR40.5% 8.9% Company B AA O 0.90% O 1.50% 1.90% O 0.5096 O 1.40%