15. Please answer A and B

A company based In the UnIted KIngdom has an Itallan subsidlary. The subsidlary generates 25,000,000 a year, recelved In equivalent semlannual Installments of 12,500,000. The Britlsh company wishes to convert the euro cash flows to pounds twice a yea It plans to engage in a currency swap In order to lock in the exchange rate at which it can convert the euros to pounds. The current exchange rate is 2.4 per pound. The fixed rate on a plain vanilla currency swap In pounds is 8.5 percent per year, and the fixed rate on a plain vanilla currency swap in euros is 7.5 percent per year. Note: For all requirements, round the final answers to nearest whole dollar. Required: a. Determine the notional principals in euros and pounds for a swap with semlannual payments that will help achleve the objective. b. Determine the semlannual cash flows from this swap. Answer is not complete. Complete this question by entering your answers in the tabs below. Determine the notional principals in euros and pounds for a swap with semiannual payments that will help achieve the objective. Determine the semiannual cash flows from this swap