Question 9 The table below presents the costs of borrowing for Verizon and Caterpillar, and the a Swap Bank quote against LIBOR Verizon would like to get a $4.000.000,00 floating rate loan. Ca get a $4,000,000.00 foxed rate loan, How much can the swap bank profit from entering into a swap agreement with Verizon and another with Caterpillar? Fixed-Rate Borrowing Cost Floating Rate Borrowing Cost Verizon 7.00 Libor Caterpillar 11.50 Libor+4.40 Swap Bank Quote Bid Ask 7,05% 7.08% O None of the alternatives 51,200 5800 $2.000 $3.200 Question 9 The table below presents the costs of borrowing for Verizon and Caterpillar, and the a Swap Bank quote against LIBOR Verizon would like to get a $4.000.000,00 floating rate loan. Ca get a $4,000,000.00 foxed rate loan, How much can the swap bank profit from entering into a swap agreement with Verizon and another with Caterpillar? Fixed-Rate Borrowing Cost Floating Rate Borrowing Cost Verizon 7.00 Libor Caterpillar 11.50 Libor+4.40 Swap Bank Quote Bid Ask 7,05% 7.08% O None of the alternatives 51,200 5800 $2.000 $3.200