The question is shown in the picture below, which is about foreign exchange:

Company X wants to borrow $10,000,000 floating for 5 years; company Y wants to borrow $10,000,000 fixed for 5 years. Their external borrowing opportunities are shown below: Company X Company Y fixed rate 6.5% 8.3% floating rate LIBOR+0.35% LIBOR+1.65% A swap bank proposes the following interest only swap: X will pay the swap bank annual payments on $10,000,000 with the coupon rate of LIBOR + 0.3%; in exchange the swap bank will pay to company X interest payments on $10,000,000 at a fixed rate of 6.6%. Y will pay the swap bank interest payments on $10,000,000 at a fixed rate of 8.15% and the swap bank will pay Y annual payments on $10,000,000 with the coupon rate of LIBOR + 1.55%. What is the value of this swap to X, Y, and the swap bank