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Questions 1 The table below presents the costs of borrowing for Bootland Microsoft and the a Swap Bank quote against LIBOR Boxon Mobil would like

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Questions 1 The table below presents the costs of borrowing for Bootland Microsoft and the a Swap Bank quote against LIBOR Boxon Mobil would like to get a $3.000.000,00 floating rate loan Microsoft would like to get a $3.000.000.00 fod rate loan. How much can ExonMobil save each year by entering a swap agreement! Fixdate Floating Rate Borrowing cout Borrowing Cost Exxon Mobil 5.00 LIBOR Microson 7.00 UBOR 1.20 Swap Bank Quote Bult Ask 5.23% 5.60% O $6.900 $18.000 $6,000 $11,000 None of the above

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