A $100 million interest rate swap has a remaining life of 10 months. Under the terms of the swap, six month LIBOR is exchanged for 4% per annum (compounded semi-annually). Six month LIBOR forward rates for all maturities are 3% (with semi-annual compounding).

update: this is also textbook question Chapter 7- Question 2 from Fundamentals of Futures and Options 9th edition - Hull / currently dont have access to the rest of the question i see it was cut off from copy/pasta.