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Find the upcoming net payment in a plain vanilla interest rate swap in which the fixed party pays 11 percent and the floating rate for

Find the upcoming net payment in a plain vanilla interest rate swap in which the fixed party pays 11 percent and the floating rate for the upcoming payment is 10.1 percent. The notional amount is $25 million and payments are based on the assumption of 90 days in the payment period and 360 days in a year.

fixed payer pays $550,000

fixed payer pays $45,000

fixed payer pays $50,000

floating payer pays 505,000

fixed payer pays $65,000

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