CSU Corp. has entered into a swap in which it agrees to pay 3% per year, in quarterly payments, and receive the SOFR 3-month reference rate on $100,000,000 notional principal. The swap currently has a remaining life of 8 months. Assume SOFR spot rates, with continuous compounding for 2, 5, and 8 months from today are 2.6%, 3.1% and 3.6% respectively. The continuously compounded 3-month SOFR rate observed for the last 1-month period was 2.3%. What is the value of this SWAP today to CSU corp?

Group of answer choices

-$63,296

$63,296

-$173,205

$173,205

-$252,801

$252,801

-$367,272

$367,272