Consider a 2-year currency swap with semiannual payments paying fixed Euro rate and receiving USD floating with a notional principal of $20 million. The current exchange rate is $1.2 per euro. The term structure is below.

Note: Used 30/360 day count method

	LIBOR	EURIBOR
L0(180)	6.00%	6.30%
L0(360)	6.20%	6.60%
L0(540)	6.40%	6.90%
L0(720	6.60%	7.00%

I) Calculate the fixed Euro rate

II) Calculate the amount to be paid on L0(180) in euros

III) Calculate the amount to be received on L0(180) in euros