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Company ATA entered into a swap contract 2 years ago to pay annual payments at a fixed rate of 4% per year on a notional

Company ATA entered into a swap contract 2 years ago to pay annual payments at a fixed rate of 4% per year on a notional principal of $200m. The swap has a remaining life of 3 years with the next payment due in 1 year. Based on the available zero interest rates in the table below, what is the value of this swap for ATA in terms of bond prices?

image text in transcribed \begin{tabular}{|l|l|} \hline Maturity (years) & Rate (\% per annum) \\ \hline 1 & 1.5 \\ \hline 2 & 1.8 \\ \hline 3 & 2.0 \\ \hline 4 & 2.6 \\ \hline 5 & 3.1 \\ \hline \end{tabular}

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