3. AquaCompany has zero credit risk and needs to determine the value of a swap with two years remaining. AC pays 8% s.a. fixed. The Notational amount is USD 70 million. The following table shows the relevant LIBOR Rates. 6 month 12 month 18 month 24 month LIBOR rate 6.00% 6.25% 6.25% 6.60% a) What is the fixed payment? b) What is the value of the swap to AC using an actual/360 day count? c) Should they sell the swap? Why or why not? What would be the advantages and disadvantages. What would they have to consider