Company ABC and XYZ have the following cost of borrowing:Company ABC: fixed rate 10.8% per...

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Finance

Company ABC and XYZ have the following cost of borrowing:Company ABC: fixed rate 10.8% per annum AND floating rate LIBOR+0.3% per annum.Company XYZ: fixed rate 11.6% per annum AND floating rate LIBOR+1.7% per annum.What is the quality spread differential for an interest rate swap?

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