For problems 6.8-6.11, you are given the following spot interest rates: year spot rate 41)% 5.0% 5.75% 6.25% 6.5% 3 | Problem 6.9 Miles Manufacturing Corporation enters into a five-year swap term. The notional amount of the swap is 300,000 each year. The swap has a settlement period of one year. The variable interest rate changes each year and is the one year spot interest rate at the beginning of the year. Determine the swap rate