Equity Swap Pricing Consider an equity swap that goes on for three years. Given the following Libor yield curve, please calculate the appropriate discount factors. Assume notional principal of $35,000,000. 1,(360) = 2.25%, L. (720) = 3.25%, L, (1080) = 4%. Assume we are 180 days into the swap life and the yield curve has changed. The stock index value at time is 2700. After 180 days into the life of the swap the stock index reads 2740. L180(180) = 2.5%, L180(540) = 3.25%, L180(900) = 3.9%. Comparing the floating leg of the swap against the stock index return, please verify that the swap value at the outset of its life is zero. Also please calculate the equity swap value at 180 days into the life of the swap. Equity Swap Pricing Consider an equity swap that goes on for three years. Given the following Libor yield curve, please calculate the appropriate discount factors. Assume notional principal of $35,000,000. 1,(360) = 2.25%, L. (720) = 3.25%, L, (1080) = 4%. Assume we are 180 days into the swap life and the yield curve has changed. The stock index value at time is 2700. After 180 days into the life of the swap the stock index reads 2740. L180(180) = 2.5%, L180(540) = 3.25%, L180(900) = 3.9%. Comparing the floating leg of the swap against the stock index return, please verify that the swap value at the outset of its life is zero. Also please calculate the equity swap value at 180 days into the life of the swap