Carlton, an AAA rated corporate, enters an interest rate swap on $1,000,000, paying Libor and receiving a fixed rate of 2.56% annually. The swap is going to last for 4 years. Currently the 4-year Libor is 2.59% on dollars. One year later, Carlton decides to unwind the swap. What is the NPV of the swap if the three-year interest rate(Libor) is 3.02% now? Who pays whom? Select one: $855; Dealer pays Carlton -$13,006.61; Dealer pays Carlton -$855; Carlton pays dealer $13,006.61; Dealer pays Carlton -$13,006.61; Carlton pays dealer You enter a long position in a future contract with the size of 125,000 today. The futures expire in 90 days. The interest rates are is=2% and i=4%. The current spot rate is $1.38/. Assume 360 days a year. If the spot rate is $1.43/ the next day and interest rates remain the same, How much is your profit or loss for this day? Select one: a. -$6228.80 b. $6250 c. -$3974.78 d. $3974.78 e. $6228.80