part 2 (40 points). Answer all questions. Show all work, including the formulas you are using. If you use your calculator, explain the steps you are using. Partial credit will be given. . (1) Companies A and B have been offered the following interest rates on $1 million loans A would like to have a floating rate loan and B would like to have a fixed rate loan. Design a swap that will provide a . 3% payment to the bank acting as an intermediary and will be equally attractive to both parties. Draw a diagram showing the percentage rates of the cash flows of the swap. part 2 (40 points). Answer all questions. Show all work, including the formulas you are using. If you use your calculator, explain the steps you are using. Partial credit will be given. . (1) Companies A and B have been offered the following interest rates on $1 million loans A would like to have a floating rate loan and B would like to have a fixed rate loan. Design a swap that will provide a . 3% payment to the bank acting as an intermediary and will be equally attractive to both parties. Draw a diagram showing the percentage rates of the cash flows of the swap