D Question 2 2 pts A company with a BB+ credit rating can raise $10 million by issuing a 10-year fixed rate bond with a 7% coupon or by borrowing from a bank for 10 years at 200 basis points above LIBOR. In contrast, an AA-rated bank can borrow $10 million in the interbank market for 10 years at USD LIBOR + 20 basis points. Alternatively, the bank can issue a 10-year bond with a 4.8% coupon. What is the quality spread differential (QSD)? 2.20% 1.80% 0.20% 0.40%