There are two firms that wish to conduct a comparative advantage swap, their respective borrowing rates in the fixed and floating markets are in the table: Fixed % Floating % Firm A 7.8 Libor+3.4 Firm B 6.4 Libor+1.3 What is the total or combined interest rate savings for both firms from conducting the swap? (Answer in basis points. E.g. .30% is 30 basis points)