answer the attached

A $100 million interest rate swap has a remaining life of 11 months. Under the terms of the swap, six-month LIBOR is exchanged for 3% per annum (compounded semi-annually). The average of the bid-offer rate being exchanged for six-month LIBOR in swaps of all maturities is currently 2% per annum with continuous compounding. The six-month LIBOR rate was 1.6% per annum ve months ago. You intend to revalue the swap now by valuing the xed-rate bond underlying the swap and valuing the oating-rate bond underlying the swap. You are asked in this question to hand in all answers in Smillions correct to three decimal places. If you do not do this your answers will be incorrect. 1. The current value of the xed-rate bond underlying the swap is S million. Give your answer correct to three decimal places. 2. The current value of the oating-rate bond underlying the swap is S million. Give your answer correct to three decimal places. 3. Hence the value of the swap to the party paying oating is $ million. Give your answer correct to three decimal places