Firm ABC enters a 5-year swap with firm XYZ to pay LIBOR in return for a fixed 8% rate on a notional principal of $10 million. Two years later, the market rate on 3-year swaps is LIBOR for 7%.; at this time, firm XYZ goes bankrupt and defaults on its swap obligation. a. How is firm ABC harmed by the default? b. What is the market value of the loss incuired by ABC as a result of the default? c. Suppose instead that ABC had gone bankrupt. How much would XYZ's loss be in this case