On $10 million of loans, Firm A is paying a fixed $700,000 in interest payments while Firm B is paying LIBOR plus 50 basis points. The current LIBOR...

10.On $10 million of loans, Firm A is paying a fixed $700,000 in interest payments while Firm B is paying LIBOR plus 50 basis points. The current LIBOR rate is 6.25 percent. Firms A and B have agreed to swap interest payments. How much will be paid to which firm this year? a. A pays $750,000 to Firm B. b. B pays $25,000 to Firm A. c. B pays $50,000 to Firm A. d. A pays $25,000 to Firm B

can i get calculations pls