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Two companies have the following borrowing costs, what is the QSD in bps Fixed-Rate Floating-Rate Borrowing Cost Borrowing Cost 11 LIBOR 12.0 LIBOR + 0.8

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Two companies have the following borrowing costs, what is the QSD in bps Fixed-Rate Floating-Rate Borrowing Cost Borrowing Cost 11 LIBOR 12.0 LIBOR + 0.8 Company X Company Y 20 bps 25 bps 15 bps 30 bps None of the above

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