Company A is AAA rated firm desiring to issue five year FRN, It finds that it cn issue FRN at six…

Company A is AAA rated firm desiring to issue five year FRN, It finds that it cn issue FRN at six month LIBOR +.125% OR AT THREE MONTH LIBOR +.125%. Company B is a A rated firm that also desires to issue five year FRN. It find s it can issue at six month LIBOR + 1% or at 3 month LIBOR +.625%. Given its asset structure six month LIBOR is preferred PDF

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