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Company A and Company B have entered a swap contract with a notional amount of $10 million. The companies agreed to exchange the payments on

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Company A and Company B have entered a swap contract with a notional amount of $10 million. The companies agreed to exchange the payments on an annual basis. The swap contract terms are as follows: Company A agreed to pay Company B a floating rate of LIBOR+1.5% annually based on a notional value of $10 million, Company B agreed to pay Company A a fixed payment of 8.5% annually based on the same notional value of $10 million. What is the amount of Company B's interest payment due to Company A in one year? $850,000 $100,000 $10,000,000 $9,150,000

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