The table below presents the costs of borrowing for Verizon and ExxonMobil in Mexican Pesos and Australian Dollars, and the ones be interest swaps in Mexican Pesos and Australian Dollars, both quoted against LIBOR. Verizon would like to get A$15,000,000.00 foxed rate loan. ExxonMobil would like to get a P 75,000,000.00 foxed rate loan. How much can Verizon save each year if they enter a currency swap agreement? Boring Cost Borrowing Cost in Mexican Peso in Australian Dollar P 2.00% A86.05% P 3.10% A$5.00% Swap Bank Quote MXN AUD Ask Bid AS&005 Ask AS535% P 2005 P 277% AS105.000 A$157,500 P 247.500 P 825.000 None of the above and boonMobil in Meccan Peso Interest swaps in Mexican Pesos and Australian Dollars, both quoted against LIBOR. Verizon a A$15,000,000.00 fixed rate loan. ExoxonMobil would like to get a P 75,000,000.00 fixed rate loan. How much can Verizon save each year if they enter a currency swap agreement? Borrowing Cost Borrowing Cost in Mexican Peso in Australian Dollar P 2.00% AS6.05% P 3.10% A$5.00% Verizon ExxonMobil AUD Swap Bank Quote MXN Bid Ask P 2.00% P 277% Bid A$5.00% Ask A85.35% A$105,000 A$157,500 P 247.500 P 825.000 None of the