12) An investor enters into a 2-year swap agreement to purchase crude oil at $105.65 per barrel. Soon after the swap is created forward prices rise and the new swap price on a similar swap is $108.32. If interest rates are 3.0% per year, what is the gain to be made from unwrapping the original swap agreement?

A) $2.67

B) $5.11

C) $5.34

D) $5.67