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A company's investments earn ZARONIA minus 0 . 5 % . Table Swap quotes made by market maker ( percent per annum ) .

A company's investments earn ZARONIA minus 0.5%.
Table Swap quotes made by market maker (percent per annum).
\table[[Maturity (years),Bid,Offer,Swap rate],[2,2.55,2.58,2.565],[3,2.97,3.00,2.985],[4,3.15,3.19,3.170],[5,3.26,3.30,3.280],[7,3.40,3.44,3.420],[10,3.48,3.52,3.500]]
Use the Table to explain how the company can use the quoted rates to convert the investments to a two-year and seven-year fixed-rate investment, respectively.
By entering into a two-year swap where it receives % and pays ZARONIA, the company earns % for two years. Enter to 2 decimal places (e.g.2.34)
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