This question is a slight variation of the above problem. It's the same set-up as before, but now we have an intermediary who charges a 0.3% intermediation fee.

Companies A and B have been offered the following rates per annum on a $20M five-year loan. Company A requires a floating-rate loan. Company B requires a fixed rate loan. Design a swap that will appear equally attractive to both parties (split any gains from the swap right down the middle). Remember that the intermediary will take a 0.3% intermediation fee.

	Fixed Rate	Floating Rate
Company A	4.6%	LIBOR + 0.2%
Company B	6.8%	LIBOR + 0.9%

After the swap you designed, at what fixed rate of interest does Company B borrow?

(Enter 11.51% as 0.1151. Required precision: 0.0001 +/- 0.0001)