Question 2 a. Companies Alpha and Beta have been offered the following rates per annum on a $5 million 10-year investment: Fixed Rate Floating Rate Company Alpha 8.5% LIBOR+0.2% Company Beta 9.8% LIBOR+0.5% Company Alpha requires a fixed-rate investment; company Beta requires a floating-rate investment. Design a swap that will net a bank, acting as intermediary, 20 basis points in fees and will appear equally attractive to Alpha and Beta. You must draw a diagram illustrating all cash flows. (10 marks)