As a bank manager, you are faced with the following problem. Company A can borrow fixed rate at 4.0% and floating rate at LIBOR + 35 basis points. Company B can borrow fixed rate at 5.0% and floating rate at LIBOR + 60 basis points. Company A wants to have floating rate debt and Company B wants to have fixed rate debt. They have approached you, the bank manager, to see if you could help them to attain their desired types of debt at a lower cost than if they were to fund directly in the market. If you do so, you would like to make 5 basis points yourself. What would you do? Assume that you will split any benefit equally between A and B (after you get your 15 basis points) What is the total net benefit to be divided between the Bank, Company A and Company B? 075 basis points 070 basis points 065 basis points 060 basis points None of the above are true What is the all-in cost of debt under the swap to Company A? Floating rate of LIBOR - 10 Basis Points Floating rate of LIBOR Fixed rate of 896 Fixed rate of 8.196 ONone of the above are true