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7. Term structure of interest rates and swap valuation Support the current term structure of Interest rates , assuming annual compounding* is as follows :

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7. Term structure of interest rates and swap valuation Support the current term structure of Interest rates , assuming annual compounding* is as follows : $ 1 7. [`| 7.```| T.T` | 8. 14} | 8. 4%' Hecall that interest rates are always quoted on an annual basis unless stated otherwise . Suppose & G- veal swap with a national principal of $10 million is being configured . What is the fixed rate of interest that will make the value of the swap equal to cord ?" Hound your answer to & decimal points ( in decimal form , not In percentage )

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