1. ABC and XYZ enter into a $10 million 2-year interest rate swap. ABC will pay XYZ a 3.5% (annualized) fixed rate twice a year and in return XYZ agrees to pay Microsoft the 6-month LIBOR rate twice a year. The agreement is initiated on October 31, 2020 Show the cash flows for both ABC and XYZ based on the following LIBOR rates - April 30, 2021 LIBOR = 3.00% October 31, 2021 LIBOR = 3.25% April 30, 2022 LIBOR = 4.25% October 31, 2022 LIBOR = 3.75%