Question: Can anyone help me out? I have been thinking for a long time. Thanks very much! P5 COMPANIES X AND Y HAVE BEEN OFFERED THE
Can anyone help me out? I have been thinking for a long time. Thanks very much!

P5 COMPANIES X AND Y HAVE BEEN OFFERED THE FOLLOWING RATES PER ANNUM ON A $5 MILLION INVESTMENTS COMPANY X COMPANY Y FIXED RATE 4.0% 4.8% FLOATING RATE LIBOR LIBOR COMPANY X REQUIRES A FIXED-RATE INVESTMENT; COMPANY Y ERQUIRES A FLOATING-RATE INVESTMENT. DESIGN A SWAP THAT WILL NET A BANK, ACTING AS INTERMEDIARY, 0.2% PER ANNUM AND WHICH WILL APPEAR TO BE EQUALLY ATTRACTIVE TO X AND Y. P5 COMPANIES X AND Y HAVE BEEN OFFERED THE FOLLOWING RATES PER ANNUM ON A $5 MILLION INVESTMENTS COMPANY X COMPANY Y FIXED RATE 4.0% 4.8% FLOATING RATE LIBOR LIBOR COMPANY X REQUIRES A FIXED-RATE INVESTMENT; COMPANY Y ERQUIRES A FLOATING-RATE INVESTMENT. DESIGN A SWAP THAT WILL NET A BANK, ACTING AS INTERMEDIARY, 0.2% PER ANNUM AND WHICH WILL APPEAR TO BE EQUALLY ATTRACTIVE TO X AND Y
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