Question 5 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 in the table below: A swap bank proposes the following interest only swap: X will pay the swap bank annual payments on $10,000,000 with the coupon rate of LIBOR -0.15%; in exchange, the swap bank will pay to company X interest payments on $10,000,000 at a fixed rate of 9.90%. What is the value of this swap to company X? Fixed Rate Borrowing Cost Floating Rate Borrowing Cost Company X 10% LIBOR Company Y 12% LIBOR+ 1.5% O Company X will lose money on the deal. O Company X will save 25 basis points per year on $10,000,000-$25,000 per year O Company X will only break even on the deal. O Company X will save 5 basis points per year on $10,000,000 $5,000 per year.