Suppose that you currently have a floating rate note on which you receive an interest rate of LIBOR + 245 bps. You decide that you would like to convert it to a fixed-rate income and swaps are currently quoted at a bid-ask spread of 1.47/1.64. What will be the effective interest rate of your floating-rate debt? Give your answer as a percentage to 2 decimals. Suppose that you currently have a floating rate note on which you receive an interest rate of LIBOR + 245 bps. You decide that you would like to convert it to a fixed-rate income and swaps are currently quoted at a bid-ask spread of 1.47/1.64. What will be the effective interest rate of your floating-rate debt? Give your answer as a percentage to 2 decimals