stuurmg IIlEII' meeung, unan roro lurk roar the m nan oeeo rorceo to use noaung-rare loans ror expansion due to their low credit rating. Although long-term rates were higher, the rm would have preferred to match the mattuity of the debt with the duration of ieir nancing need. Besides, short term rates had been rising and were expected to continue going up due to rising ination. The firm currentljj.r had borrowed $2 million at a oating rate of prime plus 1% (currently 6.5%}. Longer term, ned rate debt was available at 9% per year. Brian had heard about interest rate swaps and asked Kirk to explain to him how PreFah could use a swap to minimize their interest rate risk. How chnulrl Kiri: rncnnn