C D E F G H I J K Suppose that exactly 2 years ago you entered into a 10-year payer swap at a swap rate of 3.5%. The swap now has 8 years remaining. Use the current swap rate data to the right to come up with a value for the payer swap with notional of $100. Is the swap an asset for you now? or a liability? A B Swap 1 Tenor Rate 0.5 2.9200 1 3.2267 1.5 3.5320 23.8281 2.5 4.1086 3 4.3700 8 3.5 4.6101 4 4.8277 10 4.5 5.0235 11 5 5.1991 5.5 5.3562 13 6 5.4965 14 6.5 5.6221 15 7 5.7351 7.5 5.8374 8 5.9303 8.5 6.0153 96.0937 9.5 6.1664 10 6.2343 12 16 17 18 C D E F G H I J K Suppose that exactly 2 years ago you entered into a 10-year payer swap at a swap rate of 3.5%. The swap now has 8 years remaining. Use the current swap rate data to the right to come up with a value for the payer swap with notional of $100. Is the swap an asset for you now? or a liability? A B Swap 1 Tenor Rate 0.5 2.9200 1 3.2267 1.5 3.5320 23.8281 2.5 4.1086 3 4.3700 8 3.5 4.6101 4 4.8277 10 4.5 5.0235 11 5 5.1991 5.5 5.3562 13 6 5.4965 14 6.5 5.6221 15 7 5.7351 7.5 5.8374 8 5.9303 8.5 6.0153 96.0937 9.5 6.1664 10 6.2343 12 16 17 18