10.Commercial bank A and Savings bank B entered into a swap contract. The swap has a notional principal amount of $300 million and calls for Commercial Bank A to make annual floating interest rate payment of LIBOR plus 0.75% to Savings Bank B. In retum, Savings Bank! B pays fixed 8% interest rate to Commercial Bank A. IF LIBOR is 7.5%, what is the net payment? (5 points)