Can you explain to me in details step by step how to work this out

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Suppose that the 1-month USD LIBOR rate (continuously compounded, CC) is 2.1%, the 7-month USD LIBOR rate (CC) is 2.6%, and the 12-month USD LIBOR rate (CC) is 2.8%, all per annum.

In an interest rate swap, a financial institution pays a fixed rate of 2.3% per annum on a notional principal of USD 100 million and receives 6-month LIBOR in return, with payments being exchanged every six months and all rates compounded semiannually. The swap has a remaining life of seven months. Five months ago, the 6-month LIBOR rate was 2.5% per annum (with semiannual compounding). Compute the value of the swap to the financial institution.