6.10 The Comparative Advantage Argument(Table 6.4, page 132) AAACorp wants to borrow floating BBBCorp wants to borrow fixed Fixed Floating AAACorp 10.00% 6-month LIBOR +0. 30% BBBCorp 1120%6-month LIBOR+ 1.00% Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 6.10 The Comparative Advantage Argument (Table 6.4, page 132) • AAACorp wants to borrow floating • BBBCorp wants to borrow fixed Fixed Floating AAACorp 10.00% 6-month LIBOR + 0.30% BBBCorp 11.20% 6-month LIBOR + 1.00%