Suppose companies XYZ and ABC are being offered the following rates per annum on a $15 million 10 year loan. Fixed Rate Floating Rate Company ABC 6% LIBOR+0.2% Company XYZ 7.4% LIBOR+0.9% (a) Briefly explain which company has a comparative advantage in the fixed rate market, and which one has a comparative advantage in the floating rate market? Which company appears to have a better credit rating based on the borrowing rates in both markets? (b) Suppose company ABC requires a floating rate loan, and company XYZ requires a fixed rate loan. In a plain vanilla interest rate swap between the companies, assume a bank acting as an intermediary nets 0.2% [or. 20 basis points) per annum. What are the net borrowing rates (fixed or floating) for companies XYZ and ABC with the swap