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Question 2 1 pts Company X wants to borrow $10,000,000 floating for 5 years: Company Y wants to borrow $10,000,000 fixed for 5 years. Their

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Question 2 1 pts Company X wants to borrow $10,000,000 floating for 5 years: Company Y wants to borrow $10,000,000 fixed for 5 years. Their external borrowing opportunities are shown below: Fixed-Rate Floating Rate Credit Rating Borrowing Cost Borrowing Cost Company X 10.5% LIBOR Company Y 12.0% LIBOR+1% Assume a swap bank is quoting five-year dollar interest rate swaps at 10.7-10.8 percent against LIBOR flat. Therefore, the QSD in this swap is_

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