Calculate the price of the following SWAPS considering the interest rate in the box on the right.

1. CETE vs 5.7%

2.CETE + 50 basis points vs 6.2%

3. CETE + 25 basis points vs 5.92%

Consider that the SWAP would offer annual exchanges for 5 years on a notional amount of $ 100,000,000

1 year periods up to | annual rate | 5% 2 years 5.20% | 5.80% 16.10% | 7% 3 years 4 years 5 years