The table below presents the costs of borrowing for Verizon and Nike and a Swap Bank quote against LIBOR. Verizon would like to get a $$2,000,000\mathrm{.}00$ floating$-$rate loan. Nike would like to get a $$2,000,000\mathrm{.}00$ fixed$-$rate loan. How much can the swap bank profit from entering into a swap agreement with Verizon and another with Nike?

Fixed$-$Rate Borrowing Cost

Floating$-$Rate Borrowing Cost

Verizon

$4\mathrm{.}00$

LIBOR

Nike

$6\mathrm{.}50$

LIBOR$+2\mathrm{.}40$

Swap Bank Quote

Bid

Ask

$4\mathrm{.}04\%$

$4\mathrm{.}09\%$

$$1,800$

None of the alternatives

$$200$

$$1,000$

$$800$