Question 19 1 pts Prime -Tec Ltd, an Australian biomedical firm, wishes to borrow US dollars at a floating rate of interest while Black Inc., a US investment firm, wishes to borrow Australian dollars at a fixed rate of interest. The companies have been quoted the following interest rates. USD AUD Prime-Tec Ltd: LIBOR + 3.0% 7.5% Fixed Black Inc: LIBOR + 1.0% 7.0% Fixed If the swap dealer earns 20 basis points per annum, how much would Black Inc. pay/receive from the bank under swap agreement that lower the borrowing costs equally for both the above firms? + Pay USD floating LIBOR +0.35% Receive USD floating LIBOR +0.35% Pay AUD fixed 6.35% Receive AUD fixed 6.35%